Tesla Q1 profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Wednesday, 24 April 2024 () Despite a 55% decline in net income for the first quarter, Tesla's stock price surged during after-hours trading on Tuesday following the company's announcement of plans to expedite production of new, more cost-effective vehicles. The Austin, Texas-based company reported earnings of $1.13 billion from January through March, a decrease from $2.51 billion in the corresponding period the previous year.
Welcome to Fan Reviews News. We have some breaking news about Trump Media, the publicly traded media company founded by former President Donald Trump. It seems that the stock is taking a nosedive, and..
Tesla to Lay Off , Over 10% of Global Workforce.
In a memo obtained by Electrek, CEO
Elon Musk announced that at least 14,000 roles will be cut, 'The Guardian' reports. .
In a memo obtained by..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tesla Sales Drop , More Than Expected.
The automaker has posted its first yearly drop in sales since the onset of the pandemic, CNN reports. .
The company reportedly built
433,000 units but only..
Credit: Wibbitz Top Stories Duration: 01:30Published
Wednesday, 24 April 2024 ()
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