The earnings are in for Tesla Inc. (NASDAQ: TSLA), Rivian Inc.
U.S. equities were mixed and little changed at midday as the markets awaited key trade talks between the U.S. and China set for this weekend. The Dow Jones Industrial Average edged lower, while the S&P 500 and Nasdaq were slightly higher.
Recently, Zacks.com users have been paying close attention to Tesla (TSLA). This makes it worthwhile to examine what the stock has in store.
TSLA is up over 1% pre-market after Elon Musk refocuses on Tesla leadership. Q1 earnings missed expectations, but Robotaxi plans and affordable EVs drive long-term investor optimism.
The Japanese electronics company posts fiscal fourth-quarter earnings per share of about 23 cents from sales of $14.2 billion. Wall Street was looking for about 12 cents and $13 billion, respectively.
Coming into Friday trading, Tesla stock was down 0.8% for the week. Trump's trade deal with the U.K. helped shares on Thursday.
Tesla canceled its Cybertruck range extender, which was set for mid-2025 release. The optional battery pack would extend the distance the Cybertruck could drive before needing to recharge.
TSLA China sales plunge in April, defying the surge seen by local EV rivals, further reinforcing its losing dominance in the world's top EV market.
Shares of Tesla Inc. (NASDAQ: TSLA) rose fractionally on Wednesday, after retreating in the past few days on news of declining sales in China.
Tesla investors are looking for signs that any brand damage from Elon Musk's politics is fading. Evidence hasn't arrived yet.
Tesla's attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office.
Tesla's attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office.