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'The worst is in the rearview mirror': Why Wall Street thinks Tesla's comeback story is finally here
Tesla could have better days ahead as investors eye its upcoming Robotaxi and Musk puts his legal drama to bed, Wall Street strategists say.
Tesla’s vehicle sales slid for a second straight quarter but not as much as expected, lifting the company’s stock price and keeping Tesla the world’s largest seller of electric vehicles.
Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric carmaker's price cuts and incentives helped mitigate cooling demand. Shares of the world's most valuable automaker rallied more than 10% on Tuesday,
Shares of Tesla Inc. jumped 10.20% to $231.26 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.84% to 18,028.76 and the Dow Jones Industrial Average rising 0.
The maker of electric cars and SUVs sold thousands more vehicles than analysts had forecast in the second quarter.
Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric carmker's price cuts and incentives helped mitigate cooling demand. Shares of the world's most valuable automaker rallied more than 10% on Tuesday,
Tesla has announced its second quarter figures, with the company producing 410,831 and delivering 443,956 EVs in Q2. Production decreased by a little over 20,000 units compared to quarter one, but deliveries increased by nearly 15 percent.
Tesla's sales fell year over year for the second straight quarter, but the decline wasn't as bad as analysts predicted.
Elon Musk's Tesla said it completed 443,956 vehicle deliveries during the quarter. That marked a nearly 4.8% decline year-over-year but was better than expected.
Tesla’s stock reversed sharply higher toward a near six-month high Tuesday, after the electric-vehicle giant surprised investors by reporting second-quarter deliveries that beat expectations.
Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's price cuts and incentives helped stimulate demand. Shares of the world's most valuable automaker rose 4.
Tesla sales fell for the second straight quarter, the first time in its history it posted a consecutive year-over-year decline in sales.
Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weaking demand for the company's products and electric vehicles overall.
Wedbush analyst Dan Ives has expressed his belief that Tesla Inc is significantly undervalued due to its AI potential and data-driven approach.
Guggenheim is concerned that Tesla price cuts “pulled forward” demand, which could create challenges for the future.
On this episode of Elon, Inc., we discuss how the electric carmaker is trying to put a terrible year behind it.
Tesla Inc. (NASDAQ: TSLA) rose more than 10% on Jun 2 to its highest level in six months following stronger-than-expected vehicle delivery numbers for Q2. The numbers point to improved demand that may help ease concerns around excess inventory for its flagship Model 3/Y.
Six of the Magnificent Seven stocks posted gains.
Competition from Chinese EV makers and a general decline in demand add up to a 6 percent drop for the June quarter.
Tesla's Q2 delivery beat and strong technical signals propel stock to 10.20% gain, marking best intraday session since April and exceeding expectations.
Tesla’s global sales fall for 2nd straight quarter despite price cuts, financing offers, AP Explains
Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overal
That was far more than most analysts had expected - though still down nearly 5% from the same period in 2023. Tesla has been navigating a slowdown in demand, as high borrowing costs weigh on buyers and competition increases.
Tesla beat estimates for second quarter deliveries. Analysts and investors are praising the beat, but see the second half catalysts even more important than deliveries.
The deliveries were higher than those of China’s BYD, which earlier reported that second-quarter deliveries totalled 426,000 — a 21 per cent rise from the previous year. Investor focus has been on whether BYD can overtake Tesla by sales once again,
Tesla sales fell for the second straight quarter. It marks the the first time in the company’s history that sales declined from the previous year for two quarters in a row.
Tesla Inc. reported its second consecutive drop in quarterly deliveries, though Chief Executive Officer Elon Musk took measures to stem the decline.
Tesla delivered 443,956 vehicles during the second quarter, a 4.8% decline from last year, but better than expected
Tesla’s stock reversed sharply higher toward a near six-month high Tuesday, after the electric-vehicle giant surprised investors by reporting
Tesla will post its second-quarter financial results on July 23. Tesla shares saw more gains in premarket trading Wednesday, after jumping 10% in the previous session following the release of second-quarter vehicle production and deliveries figures that beat analyst expectations.
Tesla’s second-quarter car deliveries were fine. The amount of battery storage deployed in the second quarter was a wow.
Tesla continues to feel the heat from growing competition and an overall malaise in the EV market. Deliveries fell for a second straight quarter, noteworthy because this is the first time in Tesla’s 21-year history that it’s seen back-to-back delivery drops from the prior year.
Tesla on Tuesday posted its second-quarter vehicle production and deliveries numbers for 2024, beating analysts expectations.
The EV maker delivered 443,956 cars in the second quarter. That is comfortably more than Wall Street was expecting.
Tesla has been navigating a slowdown in demand, as high borrowing costs weigh on buyers and competition increases. It has been slashing prices to try to win back buyers and this spring announced plans to sack more than 10% of its workforce amid the downturn.
Tesla shares spiked as much as 10% on Tuesday after second-quarter deliveries beat estimates. The EV-maker delivered 444,000 units during the period, exceeding estimates of 438,000. Wedbush Securities says it's a sign the company is finally on the upswing after a difficult period.
Tesla shares jumped in early Tuesday trading after the carmaker topped Wall Street forecasts with its second-quarter delivery figures. Tesla (TSLA) delivered 443,956 new cars over the three months ended in June,
Total deliveries Q2 2024: 443,956 vehicles. Total production Q2 2024: 410,831 vehicles. Analysts expected Tesla deliveries to hit 439,000 in the three mo
Tesla on Tuesday reported stronger than expected deliveries for the second quarter of 2024 after Wall Street lowered its expectations.
Tesla has gotten plenty of flack for the way it has been rolling out its controversial "Full Self-Driving" driver assistance software. For years now, the Elon Musk-led company has used the general public as guinea pigs,
One Wall Street analyst thinks the news means Tesla stock has another 30% upside. Tesla stock is on pace to close higher for the seventh straight day. The most recent surge comes after Tesla reported relatively strong vehicle delivery results from the second quarter yesterday.
Tesla’s sales of China-made electric vehicles hit its third straight month of year-over-year declines in June, as competition in the world’s largest auto market remains fierce.
Tesla shares rallied over 10% after the company reported second quarter vehicle production and deliveries that beat analyst expectations. Citi analysts said they anticipated a "favorable share price r
InvestorPlace - Stock Market News, Stock Advice & Trading Tips How do electric vehicle drivers rate the quality of Tesla’s
Shares of Tesla Inc. gained more than 10 percent on Tuesday's regular trading after the luxury electric vehicle giant reported its