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Tesla stock closed 5.7% lower on Thursday after Reuters reported Trump's team has drawn up plans to eliminate the $7,500 tax credit for electric vehicle buyers as part of a broader tax reform ...
Tesla exceeded the latter expectation, reporting Q2 sales of $25.5 billion. But this sales growth came at a cost to profit: Earnings were only $0.52 per share. Tesla profits collapse
Image source: Tesla. EV stocks fall. Tesla wasn't the only EV stock to fall on the news. Rivian Automotive and Lucid Group got hit even harder as both stocks are deeply unprofitable and more ...
After steep decline in 2022 and a stunning 102% rally in 2023, Tesla (NASDAQ: TSLA) stock lost ground again in the first half of 2024, falling by 20.4%, according to data provided by S&P Global ...
Burry predicted Tesla stock would collapse like the housing bubble, [27] saying that "my last Big Short got bigger and Bigger and BIGGER" and taunted Tesla bulls to 'enjoy it while it lasts.' [26] In May 2021, it was reported that he held put options on over 800,000 shares of Tesla. [28]
Tesla shares could see a correction as the firm's valuation isn't supported by its business, UBS said.. UBS says the stock could fall 35%, which would wipe out most of the postelection rally ...
Tesla stock is down Monday following a strong recent run-up as one Wall Street bank says “animal spirits” have pushed the stock beyond any “fundamental change” at the company.Joseph Spak ...
Tesla stock is down 7% since it reported third-quarter vehicle deliveries on Wednesday. JPMorgan sees the stock drifting even lower, by as much as 48% to its $130 price target.