MicroWave@lemmy.world to

News@lemmy.worldEnglish · 4 days ago

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

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Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 4 days ago

Tesla's first-quarter earnings report lands as investors reckon with a steep slide in the company's stock price.

KEY POINTS

Tesla missed on the top and bottom lines in its first-quarter earnings report.
Automotive revenue plunged 20% from a year earlier.
The stock, down 41% so far this year, was little changed in extended trading.

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ByteJunk@lemmy.world
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3 days ago
Musk was heavily involved in the designs of the roadster and model S. Believe it if you want.
- sploosh@lemmy.world
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  Let’s take a look at the more recent Cybertruck, famously his baby, before we start calling him a compotent designer.

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