Tesla investor who made billions on stock says SpaceX will be bigger

A Tesla investor whose firm has made billions on the automaker’s stock says SpaceX, Elon Musk’s space exploration company, is the next stock to grow thousands of percent and could quite possibly be even bigger than the EV company in terms of valuation. Ron Baron has made, at the peak of Tesla’s surge on Wall […]

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Elon Musk’s net worth sinks $41 billion amid TSLA volatility

The recent dip in Tesla (NASDAQ:TSLA) shares has resulted in CEO Elon Musk’s net worth being adversely affected. Tesla shares ended Monday down 4.79% at $197.36 per share.  Tesla closed at $207.30 per share on the previous trading day. Considering that Elon Musk held about 715 million shares and vested options, the drop suggested that […]

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Tesla Q3 Earnings tempers analysts outlook as price targets lower

Tesla (NASDAQ: TSLA) Earnings tempered analyst outlooks on the electric automaker’s stock as one firm referred to the call as a “mini disaster,” and another questioned whether shares could be looked at from a growth perspective as CEO Elon Musk advised investors that the company would take a cautious attitude toward the future with uncertain […]

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LIVE BLOG: Tesla (TSLA) Q3 2023 earnings call

Tesla’s (NASDAQ:TSLA) Q3 2023 earnings call comes on the heels of the company’s Q3 2023 Update Letter. Tesla remained profitable in Q3, despite a decrease in delivery and production, as well as a reduction in the company’s average selling price. Still, Tesla posted revenues of $23.35 billion and a 7.6% operating margin in Q3 2023.  Tesla […]

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Tesla (TSLA) Q3 2023 earnings results: $23.5B in revenue and 17.9% gross margin

Tesla (NASDAQ:TSLA) posted its Q3 2023 earnings report after markets closed today. The results, which were discussed in the Q3 2023 Update Letter, were released after the closing bell on Wednesday, October 18, 2023. Tesla’s earnings come on the heels of a quarter that saw a decline in production and deliveries, thanks in part to […]

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Tesla (TSLA) Q3 2023 earnings: What analysts expect

Tesla (NASDAQ:TSLA) is expected to hold its Q3 2023 earnings call this Wednesday, October 18, 2023. Analysts are looking to secure updates regarding the company’s margins, as well as ongoing projects such as the Cybertruck and Gigafactory Mexico.  Tesla delivered a total of 435,059 vehicles and produced 430,488 cars in Q3 2023. The numbers represented […]

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Tesla investors post questions for TSLA Q3 2023 earnings call

Tesla’s (NASDAQ:TSLA) third-quarter 2023 earnings call is less than a week away, and investors are already submitting questions for the event’s Q&A session. Similar to past earnings calls, Tesla is gathering inquiries from both retail and institutional TSLA shareholders using investor communications platform Say. As of writing, Say’s webpage for the Tesla Q3 2023 earnings […]

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Tesla (TSLA) Q3 results pave way for upside in December: Gene Munster

Longtime Tesla bull Gene Munster of Deepwater Asset Management has weighed in on Tesla’s Q3 2023 vehicle delivery and production report. In a video posted on X, Munster explained that Tesla’s results were quite in line with expectations, especially considering the launch of the new Model 3 and the minor updates to the Model Y.  […]

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Tesla (TSLA) releases Q3 2023 delivery and production results: 435k delivered and 430k produced

Tesla (NASDAQ:TSLA) has released its Q3 2023 delivery and production report. As per the electric vehicle maker, it was able to deliver 435,059 and produce 430,488 vehicles in the third quarter.  Specifically, Tesla delivered a total of 419,074 Model 3 and Model Y and 15,985 Model S and Model X in Q3 2023. Production-wise, Tesla […]

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Barclays: Tesla wages will go up amidst fallout of UAW strike

During an appearance at CNBC’s The Exchange, Barclays senior autos analyst Dan Levy predicted that Tesla will probably see its employees’ wages increase amidst the fallout of the ongoing UAW strike.  One of the UAW’s biggest demands is an increase in its employees’ wages. As noted by CNBC in its segment, veteran automakers like Ford and General […]

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