Tesla reported a drop in third-quarter earnings as the electric vehicle maker fell short of Wall Street expectations.
During the company's earnings call, CEO Elon Musk said the company's focused on making its cars more affordable.
Shares of Chinese EV makers plunged Thursday morning after Tesla CEO Elon Musk delivered grim news on Tesla's outlook.
TESLA'S results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price ...
CEO Elon Musk warns of 'extremely difficult' production ramp-up of new electric Cybertruck.
The world's most valuable automaker produces electric sedans and sport utility vehicles but has missed out on the pickup truck segment, which is highly ...
The Model Y maker's gross and operating profit margins were once the envy of the entire American automotive industry. As Tesla began rolling more vehicles off ...
Revenue falls short of predictions as Elon Musk seeks to 'temper expectations' of Cybertruck, company's super-vehicle in prototype.
The automaker reported a sharp drop in profits in the third quarter after slashing car prices by around 25 percent in an attempt to compete.
Tesla's third-quarter gross margin shrank from a year earlier, slightly missing Wall Street estimates, as the electric automaker slashed prices to boost ...
Tesla's aggressive price cuts pushed its quarterly gross margin to a more-than four-year low but the electric car maker stuck to its annual production ...
Tesla tumbled 5% on Thursday as Wall Street analysts questioned its ability to maintain the runaway growth that has for years set the electric-vehicle maker ...
TESLA tumbled 5% on Thursday as Wall Street analysts questioned its ability to maintain the runaway growth that has for years set the electric-vehicle maker ...
Shares of Tesla fell Thursday after the electric automaker released third-quarter results that missed on top and bottom lines.
CEO Elon Musk said he was worried that higher borrowing costs would affect sales despite substantial price cuts. Read more at straitstimes.com.
Tesla just posted its lowest quarterly EPS in two years at 66 cents, but other metrics compare more to Ford and Volkswagen than Apple and Microsoft.
Tesla shares tumbled Thursday after Chief Executive Elon Musk tempered expectations for the company's new Cybertruck. “It's a great product, but financially ...
High interest rates could make it “that much harder” for consumers to buy new cars, said CEO Elon Musk. “They simply cannot afford it.”.
Tesla's meteoric rise to the world's most valuable automaker has been based on its promise of growth. But one key to fulfilling that potential may be ...
Mexico's Nuevo Leon state said on Thursday that Tesla was still planning to build a factory and that the government would spend more than $130 million on ...
JAPAN'S Toyota Motor, the world's largest automaker by sales, said on Thursday (Oct 19) it had signed an agreement to adopt Tesla's electric-vehicle (EV) ...
Still, Elon Musk's wealth is up by more than $70 billion in 2023 alongside a rebound in Tesla shares despite the deteriorating fundamentals.
ELON Musk's fortune slumped by US$16.7 billion on Thursday (Oct 19) after Tesla's weak third-quarter earnings weighed on shares.
Elon Musk, the richest individual on the planet with a fortune currently totalling $209.6 billion, possesses a 13% stake in Tesla, and a substantial portion ...
Tesla's reinterpretation of the pickup truck should arrive in November, though at low volume. And the company's billionaire CEO declined to provide a 2024 ...