Tesla (TSLA) reported worse-than-expected first-quarter earnings and revenue late Tuesday. Investors appeared not to care, sending TSLA shares jumping 12% Wednesday after Chief Executive Elon Musk signaled “more affordable” new models are on the way. Musk also predicted 2024 vehicle deliveries would be higher, stressing Tesla’s focus on full-self driving (FSD) during the earnings call. …
Software titan Microsoft (MSFT) late Tuesday beat Wall Street’s targets for its fiscal second quarter thanks to strong cloud computing business. But its sales guidance for the current quarter was a shade below estimates. MSFT stock wavered in extended trading. X The Redmond, Wash.-based company earned $2.93 a share on sales of $62.02 billion in …
Wall Street slashed 2024 profit projections Thursday, with even long-term bulls critical, with Tesla (TSLA) headed for a difficult 2024 after the EV giant and CEO Elon Musk offered a tempered outlook with few specifics late Wednesday. TSLA stock plunged. X Tesla reported worse-than-expected fourth-quarter earnings and revenue Wednesday, following it with a conference call that …
With Tesla (TSLA) stock slumping to begin 2024, as the EV giant continues to cut vehicle prices and put pressure on margins, a bull decided to slash his TSLA stock price target Monday. X Morgan Stanley analyst Adam Jonas on Monday cut his TSLA price target to 345, down from 380, but kept an overweight …