BATT: Falling Lithium Price Makes EVs More Affordable
Drop in company's gross margins in first quarter earnings signal price cuts could hurt financials with share prices taking a tumble
Ronald Jewsikow, Guggenheim Securities Vice President – Automotive Equity Research, discusses Tesla's Q1 earnings report and details the potential ramifications of the companies EV price cuts with Y
Today brought news that many investors have been waiting intently for: Tesla (NASDAQ: TSLA ) reported earnings for the first quarter of 2023. For the period, Tesla saw EPS of 85 cents and revenue of $
Tesla reported Wednesday net income of $2.51 billion in the first quarter, a 24% drop from the same period last year as the company's EV price-cutting strategy cut into profits.

Tesla stock dips after narrow Q1 earnings miss

05:05pm, Wednesday, 19'th Apr 2023
Yahoo Finance's Brad Smith joins the Live show to discuss Tesla's falling stock followings its first-quarter earnings report, while also commenting on the relationship between EV price reductions and
Tesla helped kick off an EV price war. Now, those lower prices are hitting the company's sales and profits.
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber joins Yahoo Finance Live anchors Dave Briggs and Seana Smith to preview Tesla's earnings and discuss the outlook for the EV maker.
Tesla reported first-quarter earnings that just missed analyst estimates after a series of aggressive price cuts. David Welch has more on "Bloomberg Markets: The Close.

3 Ways to Gain an Edge this Earnings Season

04:44pm, Wednesday, 19'th Apr 2023
Zacks provides investors with essential proprietary tools to navigate earnings season. Today, Andrew Rocco will break down the tools that can help you gain an edge during this stressful time of year.

Tesla vehicle price cuts hit margins in 1Q

04:42pm, Wednesday, 19'th Apr 2023
The impact of Tesla's strategy of slashing the prices for its electric vehicles to drive up demand has been revealed in its latest quarterly results, with the company's gross margin taking a 977 basi
Tesla Inc has settled a lawsuit against one of its former engineer, Alexander Yatskov, whom it accused of stealing trade secrets related to its AI-training supercomputer Dojo, according to a filing on

Tesla Q1 profit drops 24% due to price cuts

04:22pm, Wednesday, 19'th Apr 2023
A murky economic outlook meant that Musk's plan to ride out a recession with price cuts and lower production costs was not enough to make up for strained consumer spending on big-ticket items.
Wednesday's earnings report was a mixed bag for Tesla investors, as the company beat revenue expectations but fell short of profit estimates.
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