Tesla stock tumbled more than 11% on Wednesday as its shrinking auto sales margins disappointed investors. Source link
Tesla stock
Tesla share price fell 8% in extended trade after the electric vehicle (EV) maker’s net profit in the second quarter missed Wall Street estimates and reported its lowest profit margin in more than five years. Tesla shares declined 7.7% to $227.23 in after-hours trade. Tesla’s Q2 net income declined to […]
Tesla Inc. stock rallied 10% on Tuesday after the EV maker reported a milder drop in sales for April through June. At 10:36 am EDT, Tesla stock was at $230.86, higher by $21.00 or 10.01%. The electric vehicle maker’s global sales dropped for the second straight quarter despite price cuts […]