Tesla earnings miss: Wall Street analyst's take on the results

and free cash flow fell below Wall Street's expectations. RBC Capital Markets global autos analyst Tom Narayan joins Market Domination Overtime to break down the EV maker's earnings and its robotaxi plans.

Uh So I do think if you x those out um that maybe kind of is a little different, uh those presumably come at very high margins, right?I'm still kind of going through the math there.That's why they had that bigger uh delivery number. Yeah, so there's a good chance that the Robo Taxi stuff and maybe more around the timing of the production of the next gen vehicle.I want to come back to something you were talking about with the margins, ex regulatory credits.They put it at 14.6% whether that will match end up matching with your estimates.

So it's a reason why Tesla and, and many others are really trying, hoping for, uh, those Ira credits to remain.And it's in states like Ohio, Michigan, I think Tennessee for GM.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsTOKYO (AP) — Asian shares were mostly higher on Wednesday after Tesla shares zoomed up more than 10%, helping to drive U.S. benchmarks to new records.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street hits more records as Tesla zoomsNEW YORK (AP) — A zoom higher for Tesla helped drive Wall Street to more records. The S&P 500 rose 0.6% to top its all-time high set two weeks ago. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite climbed 0.
Source: SooToday - 🏆 8. / 85 Read more »