Tesla reports earnings after the bell. Here's what Wall Street has to say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Breaking News: Investing 뉴스

Wall Street,Business,Markets

The electric vehicle maker posted better-than-expected second-quarter delivery numbers, but delay in its Robotaxi drove shares lower in July.

Investors will be keeping a close eye on Tesla 's second-quarter results due postmarket Tuesday amid an intensely competitive electric vehicle market. Analysts expect Tesla to post 62 cents in earnings per share on $24.77 billion in revenue. Although the revenue estimate is slightly higher than the $21.30 billion Tesla posted in the first quarter, the earnings forecast is 30% below the previous year.

mountain Tesla shares in 2024 With the delay of the Robotaxi, the upcoming earnings are a "significantly more actionable near-term catalyst," Guggenheim analyst Ronald Jewsikow wrote in a note earlier this month. Guggenheim rates Tesla a sell with a 12-month price target of $134, implying the shares will plunge more than 46% from Monday's close.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsAsian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records. Benchmarks rose Wednesday in Tokyo, Seoul, Sydney and Hong Kong, but fell in Shanghai. Asian investors were cheered by hopes for an interest rate cut in the U.S.
출처: AP - 🏆 728. / 51 더 많은 것을 읽으십시오 »

Stock market today: Wall Street hits more records as Tesla zoomsA big gain for Tesla helped drive Wall Street to more records.
출처: latimes - 🏆 11. / 82 더 많은 것을 읽으십시오 »