Tesla's disastrous earnings report this week has sparked a sell-off of the world's largest electric vehicle manufacturer and widespread skepticism about the state of the EV industry as a whole. "This is a fork in the road, not just for Tesla, but for the entire industry," said Wedbush Securities analyst Dan Ives in an interview on Wednesday.
Tesla's stock sold off sharply this week after its earnings report showed the company was on track for its slowest quarter since 2022.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AtkinsRealis to sell Linxon joint venture after beating earnings expectationsAtkinsRéalis chief executive Ian Edwards announced the engineering firm is looking to sell its money-losing joint venture with Hitachi Energy after beating earnings expectations and notching a record services backlog last quarter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
AtkinsRéalis to sell Linxon joint venture after beating earnings expectationsCanada's construction news
Source: DCN_Canada - 🏆 17. / 74 Read more »
Tesla's Q1 earnings set to be 'a bad one': AnalystAs Tesla (TSLA) prepares to release its first quarter earnings results, Wedbush Securities has lowered its price target on the stock, citing a demand...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Red Sea attacks could make Port of Vancouver even busier after record yearRerouting away from Suez Canal could spark increased business, CEO says
Source: TerraceStandard - 🏆 24. / 68 Read more »
Thai Tycoon’s Property Unit Sees Earnings Jump on Tourism BoomA Thai developer of hotels and shopping malls controlled by the country’s richest man expects the recent surge in international tourists to boost its first quarter earnings this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »