Tesla Inc. reported quarterly earnings and sales that missed Wall Street expectations Wednesday, but, crucially, showed gross margins that were within forecasts.
Gross margins were 17.9%, a drop from 18.2% in the second quarter, and 25.1% in the third quarter of 2022.
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Tesla Earnings Preview: Price Cuts to Hurt Margins or Drive Market Share Growth?Stocks Analysis by Investing.com (Günay Caymaz) covering: Tesla Inc, Tesla Motors Inc, COMMERZBANK AG ZT TESLA MOTORS INC 31Dec99, Banca IMI SpA ZT Tesla 10Jun20. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
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Tesla Inc. stock rises Monday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
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Tesla stock options priced for smaller than usual move after earningsTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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Tesla Earnings: What to Expect Today—and What They’ll Mean for the StockMargins and pricing will be in focus when the company releases its results after Wednesday's close.
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