Brendan Smialowski / AFP via Getty ImagesWall Street expects a loss and weaker revenue, due to the coronavirus pandemic.will yet again fail to post a full-year profit.
However, Tesla beat estimates for Q2 vehicle deliveries, and its business has been expanding in China, so there's a distinct possibility of a beat. The markets have amply rewarded Tesla since last year with a surging share price and market capitalization. At almost $280 billion in total value, the carmaker that sold just about 250,000 vehicles in 2019 is the world's most prized, worth more than Toyota — and more than General Motors, Ford, and Fiat Chrysler Automobiles, combined.
So the Tesla market narrative and the actual business occupy separate realms. The most meaningful connection between the two is that for years, Wall Street demanded that Tesla execute in order to vindicate its elevated share price, and now the company has done just that, getting the Model 3 sedan on track and
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The future of Tesla's $200 billion winning streak hinges on this week's earnings report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Elon most likely has something up his sleeve. Not true. Stocks don’t react long term to short term swings in free cash flow growth.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla earnings Q2 preview: Analyst commentary leading up to the report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Avoid airline stocks, trader says ahead of United Airlines' earnings reportAirline stocks might not be the best bet right now with uncertainty still looming in the industry, says Todd Gordon, managing director at Ascent Wealth Partners. TradingNation Not for the long term. FastMoney TradingNation Kinda wanna do the opposite. I may have a problem. TradingNation To many mask mandates to fly as soon as they remove that and have it say MASK OPTIONAL YOUR CHOICE!!! End game!!
Source: CNBC - 🏆 12. / 72 Read more »
Qualcomm could break through major resistance into earnings, trader saysQualcomm is set to report in just over a week. Here's how Todd Gordon of Ascent Wealth Partners is trading the stock into earnings.
Source: CNBC - 🏆 12. / 72 Read more »