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Tesla’s stock is rallying as investors cheer a return of Elon Musk as a full-time CEO, and is fast approaching a key chart level that if cleared could target a return to record levels.
Automotive revenue fell 7% to $19.9 billion, as Model 3/Y deliveries dropped by 5% to 422,405 vehicles. Other models, including its Cybertruck, saw deliveries increase 12% to 21,551 vehicles.
Growth Under Cost Pressures: Tesla's total revenue only grew 2% to $25.7 billion from $23.35 billion in Q4 2024. Meanwhile, it was up just 1% to $97.6 billion from $96.7 billion for the full year.
Despite near-term slower growth, Tesla's market cap could reach $920 billion within the next twelve months. Learn more about TSLA stock here.
Tesla's Model Y emerged as the best-selling SUV in China in May, with over 24,770 units sold amid declining sales figures in ...
Tesla's goal is to reduce costs by more than 50% over time. To reach functional parity, there will need to be readily available charging infrastructure to accompany long-range EVs, such as those ...
Tesla’s sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk’s electric ...
Tesla Is Expecting Slower Growth This Year. Is It Time to Buy or Sell the Stock? Geoffrey Seiler, The Motley Fool. July 28, 2024 at 7:40 AM. Copied; Shares of Tesla ... ratio of over 63 based on ...
Weak automotive sales. For Q2, Tesla saw a marginal 2% rise in revenue, year over year, to $25.5 billion. Adjusted earnings per share (EPS), however, plunged 43% to $0.52, while adjusted EBITDA ...
Tesla Is Expecting Slower Growth This Year. Is It Time to Buy or Sell ... TSLA . GOOG . Shares of Tesla (NASDAQ: TSLA) were sinking after ... Tesla saw a marginal 2% rise in revenue, year over ...
Weak automotive sales. For Q2, Tesla saw a marginal 2% rise in revenue, year over year, to $25.5 billion. Adjusted earnings per share (EPS), however, plunged 43% to $0.52, while adjusted EBITDA ...