Tesla stock in green ahead of Q2 earnings
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Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
Tesla and Alphabet report quarterly earnings after the closing bell Wednesday, while Texas Instruments tumbles after issuing a disappointing profit forecast.
Not a very good showing for Tesla despite in-line second-quarter results for the EV maker. The stock is losing more than 4% in the extended session, and investors just got spooked by Elon Musk's final words about potential "rough quarters" ahead for Tesla.
Tesla, Inc.'s quarterly report shows declining margins and cash flow issues, with potential H2 challenges from new regulations. Click for my updated look at TSLA.
Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks on Analysts’ Radar Right Now. On July 21, Cantor Fitzgerald analyst Andres Sheppard reiterated an “Overweight” rating on the stock with a
Tesla has normally been a good investment. While it hasn't always outperformed the market, the automotive stock has generated returns of around 1,700% over the past decade, while the S&P is up around 200% over that time frame. Tesla's good years have more than outweighed the bad ones during that stretch.
Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.
US stock futures popped on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street got ready for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings.