#tesla

Tesla's third-quarter earnings report for 2024 highlighted record-breaking financial performance, strong demand in its energy business, and significant advancements in its technological projects. However, challenges in maintaining automotive margins and delays in certain high-profile projects...

As Tesla prepares to report its quarterly earnings, all eyes will be on CEO Elon Musk’s ambitious robotaxi plans and the financial health of the company. Investors and analysts are eager to probe deeper into the details of Tesla’s self-driving strategy, following a recent, underwhelming event...

Tesla (TSLA) experienced a major stock selloff following an underwhelming robotaxi event, wiping out over $60 billion from its market value. The event, which failed to provide clarity on the robotaxi rollout, regulatory approvals, or the introduction of a more affordable EV, left Wall Street...

Tesla's (TSLA) stock dropped by around 7.5% during Friday morning trading after CEO Elon Musk's highly anticipated robotaxi reveal left investors unimpressed. The shares had already fallen by nearly 1% on Thursday before the event. Tesla introduced its new self-driving car prototype, the...

The downgrade follows Tesla's disappointing third-quarter vehicle delivery report, with the bank noting that the company may not achieve any growth in full-year vehicle deliveries for the first time in its history. Year-to-date, Tesla has delivered 1.29 million vehicles, needing over 520,000...

Tesla's (TSLA) stock dropped 5% following a slight miss in its Q3 delivery expectations. The company delivered 462,890 vehicles, marking a 6.4% increase quarter-over-quarter and surpassing last year's Q3 total of 435,059 deliveries. However, this number fell short of Wall Street's forecast of...

Tesla Inc. and its CEO Elon Musk secured a legal victory on Monday, as a U.S. District Court dismissed a shareholder lawsuit that accused the company of misleading investors by overstating the capabilities and safety of its self-driving technology to inflate its stock price. The lawsuit, filed...

Strengths: Tesla's record quarterly revenues and a surge in energy storage deployments highlight its profitability, despite challenges. Energy storage saw all-time highs, while Tesla achieved a free cash flow of $1.3 billion in Q2 2024. Tesla continues to innovate, particularly in autonomous...

Overview: Tesla has announced plans to launch its full self-driving (FSD) technology in China and Europe by the first quarter of 2025. The move is part of Tesla’s broader strategy to expand its advanced driver assistance systems globally. Regulatory Progress: China: Tesla has made notable...

Sales Performance: Tesla (TSLA) experienced its strongest sales month in China for the year in August, delivering over 63,000 vehicles. This represents a notable 37% increase from July, though it falls short of August 2023’s sales of 64,694 units. Despite this growth, Tesla’s performance is...

Tesla has experienced another high-profile resignation with the departure of Sreela Venkataratnam, a veteran executive who spent 11 years at the company. Venkataratnam announced her exit on LinkedIn, citing a desire to focus on personal well-being and spend time with family. Her resignation...

Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...

A Tesla Model S that was in "Full Self-Driving" (FSD) mode hit and killed a 28-year-old motorcyclist in the Seattle area in April, police reported. The 56-year-old driver was arrested on suspicion of vehicular homicide after admitting to using his cell phone while the car's driver assistance...

STMicroelectronics NV (NYSE: STM), a key supplier for Tesla Inc (NASDAQ: TSLA) and Apple Inc (NASDAQ: AAPL), reported its fiscal second-quarter 2024 earnings, revealing a significant revenue decline of 25.3% year-on-year to $3.23 billion, slightly above the analyst consensus estimate of $3.20...

Tesla's Mixed Q2 Results: Auto Gross Margin: Excluding regulatory credits, Tesla's auto gross margin was 14.6%, missing the 16.2% estimate. Regulatory Credits: Came in at $890 million, significantly higher than the $450 million consensus, potentially inflating adjusted EPS by 10 cents. Earnings...