J.J. Kinahan, CEO of IG Group North America, discusses the upcoming U.S. tech earnings, and how companies such as Tesla, GE and Starbucks will fare.
Tesla (TSLA) expects -12% earnings growth year over year, but +9.5% on revenues.
Tesla delayed the Cybertruck range extender and reduced its range estimate by 25 miles. Initially advertised with up to 500 miles of range, the production Cybertruck arrived with significantly less.
Electric-vehicle giant and stock market darling Tesla Inc. reports earnings tomorrow after markets close, and for once, traders don't seem excited by the prospect at all.
Tesla reports their 3rd quarter, '24 financial results after the closing bell on Wednesday, October 23. Consensus analyst expectations are looking for $0.58 in EPS, $25.37 billion in revenue, for expected y-o-y growth of -12% for EPS and +9% revenue growth. What's worrisome about that is that the FSD division still accounts for the lion's share of Tesla's valuation, and reading the commentary following RoboDay, analysts and investors seemed rather underwhelmed.
Despite recent dips in EV stocks, Teague Egan of EnergyX believes the EV industry is here to stay. "The floodgates have opened" for the industry, according to Teague, but he believes evolving the supply chain will take time.
Kevin Hincks takes a look at 2 names with earnings on the horizon: Tesla (TSLA) and UPS Inc. (UPS) ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors.
Tesla saw a favorable earnings estimate revision for the to-be-reported quarter, which is generally a precursor to an earnings beat.
Ahead of Tesla's (TSLA) earnings, @morningstar's Seth Goldstein points to three items he hopes to see in the company's report: automotive profit margins, an update on full-self driving, and a timeline for its more affordable vehicles. ======== Schwab Network ======== Empowering every investor and trader, every market day.
Yes, Donald Trump wants Tesla CEO Elon Musk to help him be the American President - again!
Electric vehicle pioneer Tesla (NASDAQ: TSLA) is in a precarious spot at the moment. After a lukewarm to bearish response to the company's October 10 Robotaxi day event, TSLA stock price dropped by 8.8% — from $238 to $217.
In the autonomous vehicle battle, Tesla Inc TSLA and Alphabet Inc‘s GOOGL GOOG Google's Waymo are squaring off to dominate the roads, but each is taking a radically different path.