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Tesla, Q2
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Asianet Newsable on MSNTesla’s Week So Far: Q2 Earnings, Robotaxi Expansion, And Cheaper Model Promises Double Retail Chatter On Stocktwits
Tesla CEO Elon Musk on Wednesday warned of a “few rough quarters” ahead for the company on the heels of reporting a year-on-year decline in second-quarter (Q2) revenue and earnings.
Tesla (TSLA) earnings report looms, driving potential volatility for 434 ETFs heavily invested in the stock. Explore the top funds bracing for impact.
US stock market today saw mixed action as the Dow Jones dropped while the S&P 500 and Nasdaq inched higher, driven by strong Alphabet earnings and cautious outlook from Tesla. Alphabet jumped over 3% after boosting its AI investment,
Tesla has offered low-interest loans and other incentives to try to revive sales, but these efforts have depressed the company’s profits. Tesla’s newest model, the Cybertruck pickup, has been a flop. The company sold 4,300 Cybertrucks in the second quarter, according to Cox Automotive, a 50 percent decline from a year earlier.
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter,
Wall Street kicked off Thursday with a split mood, as US stock market futures painted a mixed picture ahead of the opening bell. The S&P 500 held steady near record highs, the Nasdaq pushed higher on the back of red-hot AI enthusiasm,
TSLA Tesla Inc $329.53 -0.04 % The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Greed” zone on Thursday.