Market Movers rounded up the best reactions from investors and analysts on Tesla . The pros, including Jim Cramer , discussed the electric-vehicle maker the day after it released second-quarter results.
Late Wednesday, Tesla reported earnings of 91 cents per share and revenue of $24.93 billion, both higher than analysts' estimates. Despite the beats and announcing its best-ever quarterly revenue, Tesla's operating margin dipped to 9.6%. The stock closed 9.7% lower Thursday.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla earnings: What to expect from the Cybertruck makerTesla earnings arrive Wednesday amid a rally for Tesla stock and Cybertruck's arrival.
Read more »
Tesla’s Elon Musk says his new company xAI will ‘enhance’ Tesla valueTesla Inc. Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead...
Read more »
CNBC Daily Open: Investment banking sees signs of lifeIn another sign the U.S. economy is more resilient than anticipated, banks have had a good showing this earnings season.
Read more »
CNBC Daily Open: Investment banking’s coming backIn another sign the U.S. economy is more resilient than anticipated, banks have had a good showing this earnings season.
Read more »