Tesla’s strong Earnings Call earlier this week has certainly won over some investors as the stock continues to climb upward, but analysts at Deutsche Bank believe the call might have raised more questions as the company clarified its plans for the future. “The strong positive market reaction to Tesla’s mixed Q1 print, in our view, […]
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Legendary investor and Tesla bull Ron Baron believes the electric automaker’s stock is set to see massive gains as the introduction of Robotaxi and a new vehicle lineup is imminent. “Now is the bottom,” Baron said during an interview with Squawk Box on CNBC earlier today. Baron has been one of the biggest winners in terms of […]
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Hertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet. Hertz said it had increased the number of EVs it will let go of by 10,000 units, now planning […]
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Tesla (NASDAQ: TSLA) needed what Elon Musk delivered during the company’s Q1 Earnings Call last night: an adult in the room. “The focus for us and investors was around the blueprint and roadmap for growth as Musk and Tesla are facing a Category 5 storm after a Cinderella ride the last few years,” Dan Ives, […]
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Tesla’s (NASDAQ:TSLA) Q1 2024 earnings call comes on the heels of the company’s Q1 2024 Update Letter, which was released after the closing bell on Wednesday, April 23, 2024. Tesla posted total revenues of $21.3 billion, with automotive revenues at $17.3 billion for the first quarter of 2024. The company also posted non-GAAP earnings per […]
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Tesla (NASDAQ:TSLA) posted its Q1 2024 earnings report after markets closed today. The results, which were discussed in the Q1 2024 Update Letter, were released after the closing bell on Wednesday, April 23, 2024. Tesla’s earnings come on the heels of a challenging quarter. During the first quarter, Tesla produced 433,371 vehicles and delivered 386,810 […]
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Tesla is approaching arguably one of its most important earnings calls in years. In light of the upcoming event, Tesla has gone live with its Q1 2024 earnings page on investor communication platform Say, where verified TSLA shareholders could submit their questions for the electric vehicle maker. Tesla has included Say questions in its earnings […]
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RBC Capital analyst Tom Narayan maintained his “Buy” rating for electric vehicle maker Tesla (NASDAQ:TSLA) on Monday. His price target for Tesla was also listed at $298 per share, suggesting an upside of over 80%. Narayan is currently ranked on TipRanks as a 4-star analyst with an average return of 7.4% and a success rate […]
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Tesla’s departures of Senior Vice President of Powertrain Drew Baglino and Vice President of Public Policy and Business Development Rohan Patel is being viewed as ” a gut punch” and “unexpected” by Wedbush in a new note from Dan Ives. Along with the at least 10 percent reduction in headcount, Tesla is going through “a […]
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Tesla SVP Powertrain and Energy Engineering Drew Baglino has announced that he is departing the electric vehicle maker. Baglino is stepping down from Tesla after working 18 years in the company. Baglino announced his departure in a post on his personal X account. As per the former Tesla executive, the decision to leave the EV […]
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