Tesla
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Tesla Warns of Q3 Production and Delivery Decline Due to Global Factory Shutdowns
Despite the potential profit boost from the new Model 3, Tesla's performance this quarter may fall short of expectations. Despite the potential profit boost from the new Model 3, Tesla's performance this quarter may fall short of expectations. -
Mercedes and BMW Unveil Electric Powerhouses to Challenge Tesla
Not to be outdone by the "new kid on the block," Tesla, automotive giants Mercedes and BMW are stepping up their game. Not to be outdone by the "new kid on the block," Tesla, automotive giants Mercedes and BMW are stepping up their game. -
Tesla Ramps Up Efforts for Full Self-Driving Launch in China Amidst Fierce Competition
While tech giants like Huawei and Xpeng are fervently advancing in the autonomous driving space in China, Tesla isn't staying behind. While tech giants like Huawei and Xpeng are fervently advancing in the autonomous driving space in China, Tesla isn't staying behind. -
Tesla CFO Steps Down, Stirring Speculation on Musk's Successor and Dipping Stocks
In a recent filing to the U.S. Securities and Exchange Commission (SEC) on Monday, Tesla revealed that CFO Zachary Kirkhorn, 39, stepped down from his role on August 4. Vaibhav Taneja, the Chief Accounting Officer, was announced as Kirkhorn's successor and will hold both positions. In a recent filing to the U.S. Securities and Exchange Commission (SEC) on Monday, Tesla revealed that CFO Zachary Kirkhorn, 39, stepped down from his role on August 4. Vaibhav Taneja, the Chief Accounting Officer, was announced as Kirkhorn's successor and will hold both positions. -
Tesla's Q2 Revenues Soar in China, Up More Than 50% YoY to $5.7 Billion
Tesla has seen a remarkable 51.33% revenue growth in the Chinese market for the second quarter. Tesla has seen a remarkable 51.33% revenue growth in the Chinese market for the second quarter. -
Tesla Reportedly in Talks to Build a New Plant in India, Potential Birthplace for More Affordable Model
According to sources cited by media outlets, representatives from Tesla are set to meet with India's Minister of Commerce and Industry this month to discuss the plan for a local manufacturing plant. This factory would potentially produce a brand-new vehicle priced at $24,000. According to sources cited by media outlets, representatives from Tesla are set to meet with India's Minister of Commerce and Industry this month to discuss the plan for a local manufacturing plant. This factory would potentially produce a brand-new vehicle priced at $24,000. -
Tesla Battles Profit Dip and Margin Squeeze: How Long Will the Impact of Price Reductions Last?
Tesla, the global frontrunner in new energy vehicles, released its Q2 financials on July 20. Among key indicators, the company's operational revenue hit a record $24.927 billion, a 47% increase YoY, exceeding the market's overall forecast of $24.3 billion. Tesla, the global frontrunner in new energy vehicles, released its Q2 financials on July 20. Among key indicators, the company's operational revenue hit a record $24.927 billion, a 47% increase YoY, exceeding the market's overall forecast of $24.3 billion. -
Tesla's Grit in the Global Price War: Profits Shrink but Musk Remains Confident
After a year-long "global price war," Tesla's gross margin has dropped from 25% in the same period last year to 18.2% in this year's Q2. Its profitability has been significantly squeezed, but Elon Musk seems to maintain considerable confidence. After a year-long "global price war," Tesla's gross margin has dropped from 25% in the same period last year to 18.2% in this year's Q2. Its profitability has been significantly squeezed, but Elon Musk seems to maintain considerable confidence. -
Tesla Slips as Cybertruck and Robotaxi Details Remain Elusive in Earnings Call
Moreover, Musk and other Tesla executives indicated that production is expected to decline in the third quarter due to summer factory upgrades, which led to a roughly 4% dip in the company's stock price after trading hours. Moreover, Musk and other Tesla executives indicated that production is expected to decline in the third quarter due to summer factory upgrades, which led to a roughly 4% dip in the company's stock price after trading hours. -
Tesla's Q2 Earnings Soar Amid Price Cuts, But Margins Squeeze as Competition Intensifies
Tesla, the leading electric vehicle manufacturer, has reported a significant increase in its Q2 revenue, surpassing Wall Street expectations. However, the company's gross margin experienced a dip compared to the previous quarter due to the company's efforts to boost sales through price cuts. Tesla, the leading electric vehicle manufacturer, has reported a significant increase in its Q2 revenue, surpassing Wall Street expectations. However, the company's gross margin experienced a dip compared to the previous quarter due to the company's efforts to boost sales through price cuts.