Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.
Telsa Inc. reported its lowest gross margins in over three years Wednesday, as the company has lowered prices on its electric vehicles and spent on ramping up another new factory, but Chief Executive
Tesla Inc.'s TSLA, -0.71% June-quarter earnings call seemed in many ways a flashback to its prior one, as executives talked up the long game of autonomy and failed to quell investor concerns about the

5 Things to Know Before Markets Open

07:30am, Thursday, 20'th Jul 2023
Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscri

Tesla's AI Hype Collides With Reality

06:54am, Thursday, 20'th Jul 2023
Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday's earnings call, but didn't signal concrete progress on self-driving technology
Elon Musk mentioned Warren Buffett, Nvidia, cyborgs, and "Game of Thrones" on Tesla's earnings call. The Tesla CEO said he loves his loyal retail investors, but warned them against margin trading.
Tesla has shared a new look of its upcoming Cybertruck vehicle - almost four years after it was announced.

AMERICAS Tesla, Netflix underwhelm

06:03am, Thursday, 20'th Jul 2023
A look at the day ahead in U.S. and global markets from Mike Dolan
Shares of United Airlines Holdings Inc. UAL, +0.02% rose 3% in premarket trade after the air carrier raised its full-year profit outlook, following strong second-quarter results.
Elon Musk's elusive goal of creating self-driving software is driving the Tesla CEO to prioritize sales over profits, a strategy that could deepen a price war - and investor concern.
Nasdaq futures were underperforming early Thursday, after results from Tesla and Netflix were not very well received by traders.
Karl Brauer frobatm ISeeCars.com discusses Tesla's latest earnings.

Tesla share tumble as margins narrow

03:13am, Thursday, 20'th Jul 2023
Tesla Inc (NASDAQ:TSLA) shares slipped 8% in post-market trading as record quarterly revenue failed to keep investors' eyes off the company's tightening margins. Second-quarter 2023 revenue rose 47% y
Tesla Inc wants to double the production capacity of its assembly plant outside Berlin to one million electric vehicles a year, in a move that would make it Europe's largest car factory, the New York
Nancy Tengler from Laffer Tengler Investments shares her view on Tesla after the earnings and explains why she sees Tesla plays the "long game" versus some others in the EV sector.
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