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Tesla shares drop sharply after disappointing second-quarter earnings
The stock price of Tesla dropped sharply Thursday, declining about 8% in morning trading. It is now down more than 36% from its December high. Revenue was $22.5 billion for the three months ending June 30, down 12% from a year ago, while earnings were 40 cents per share, down 23% from a year ago.
Tesla’s shares sank nearly seven per cent in premarket trading on Thursday as the EV giant grapples with sinking sales and ...
Tesla is facing a rough path ahead and will likely struggle unless Elon Musk fixes his public image, longtime investor Ross ...
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Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.
After Trump’s massive budget bill passed earlier this month, Tesla faces the loss of the $7,500 EV tax credit and stands to ...
U.S. President Donald Trump took to social media to support Elon Musk’s car company, a startling development given their ...
Tesla shares took a hit Thursday after the company reported a 16% decline in automotive sales and a 12% decline in total ...
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The tech company reports its third quarter of declining profits in a row, amid the ongoing backlash against Elon Musk's foray ...
The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits ...
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