Why Tesla Stock Was Sliding Today [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. The stock closed down 5.8% on the news. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Tesla wasn't the only EV stock to fall on the news. Rivian Automotive and Lucid Group got hit even harder as both stocks are deeply unprofitable and more urgently need help to sell vehicles than Tesla, which is solidly profitable. Reuters earlier this afternoon said that Trump's transition team intends to kill the $7,500 EV tax credit as part of a broader tax reform package, and also said that Tesla representatives have communicated their support for ending the subsidy. Additionally, the stock pulled back earlier in the session on the Cybertruck recall and as the boom from Trump's victory and the broader "Trump trade" seemed to unwind. Tesla stock had soared in the days following the election, primarily due to CEO El
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News
- The world's biggest battery maker says Elon Musk's 4680 cell ‘is going to fail' [Verge, The]Verge, The
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. - TSLAAccesswire
- ‘Keys To The White House' Guru Allan Lichtman: This Is What Went Wrong Predicting Harris Would Beat Trump [Forbes]Forbes
- Dollar Rises With December Fed Cut Now in Doubt: Markets Wrap [Yahoo! Finance]Yahoo! Finance
- Why Musk supports Trump getting rid of EV tax credits [Business Insider]Business Insider
TSLA
Earnings
- 10/23/24 - Beat
TSLA
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/8/24 - Form 144
- TSLA's page on the SEC website