Tesla missed estimates on the top and bottom lines in its fourth-quarter earnings report. While the stock initially dropped after hours, it rose as Elon Musk talked up the autonomy opportunity.
However, even for Tesla, shutting down a production line for three weeks is unusual. For comparison, the Model 3 production line will only be stopped for a week, from January 26 to February 3.
On February 3, 2024, Tesla, Inc. (NASDAQ:TSLA) stock closed at $383.68 per share with a market capitalization of $1.234 trillion. Aristotle Atlantic Large Cap Growth Strategy stated the following ...
Tesla's results missed analyst expectations on both the top and bottom lines. Analysts were looking for an EPS of $0.76 and revenue of $27.3 billion, as compiled by LSEG. Automotive revenue sank 8 ...