Tesla First Quarter Sales Sink Amid Anger Over Musk Politics [Barron's]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Musk's electric vehicle company delivered 336,681 autos in the quarter ending March 31, missing analyst expectations, as it pointed to the "loss of several weeks of production" while it ramps up upgrades for its Model Y output. Tesla shares fell more than six percent in early trading but later partially rebounded. The weak car sales add to questions about Musk's continued stewardship at the automaker, which has been targeted for consumer boycotts and vandalism as the billionaire has helped engineer thousands of job cuts across the US government. Wedbush's Dan Ives, a prominent technology analyst who has been a longtime believer in Tesla's growth potential, called the figures "a disaster on every metric," according to a note. "It's a fork in the road
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News
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- Wedbush's Dan Ives Cuts Tesla Price Target, Says Brand Has Morphed Into A "Political Symbol Globally" [zero hedge]zero hedge
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- 3/10/25 - Form 144
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