Tesla Q3 Earnings Miss Expectations Despite Record EV Sales
Tesla reported record Q3 revenue of $28.1B, but profit missed Wall Street estimates. Rising costs, shifting trade policies, and fading tax credits are squeezing margins.
/ 74 items
#TSLA↓
White House to Extend Tariff Relief for US Automakers: What You Need to Know
The White House will extend tariff relief for US carmakers by five years, helping Ford, GM, and others reduce costs from Trump's import duties on auto parts and vehicles.
General Motors Takes $1.6 Billion Charge to Right-Size EV Capacity
GM booked a $1.6B charge, reducing its EV production plans. Demand is slower than expected due to gov't ending tax credits and changing rules.
Tesla Hits Record Deliveries Thanks to US Tax Credit Rush
Tesla smashed Q3 delivery records (497k). US buyers rushed to use expiring $7.5k tax credits, offsetting slow sales in Europe.
Tesla’s AI Future: Why Analysts Are Raising Stock Targets
Wedbush raises Tesla stock target to $600, predicting massive $3T growth driven by AI, self-driving tech, and Optimus robots.
Musk's Share Purchase Ignites Tesla Stock Rally
Elon Musk bought $1B in Tesla stock, his first since 2020, sending shares soaring. This "vote of confidence" boosts the company amidst challenges, with hopes for AI & robotaxis to add $1T to its value.