2024 Getty Images / Getty Images News via Getty Images Tesla (TSLA) fell nearly 10% in five sessions and trades at 181 times forward earnings. Tesla received an Arizona transportation permit for its robotaxi launch. Stifel raised its price target on Tesla to $508 from $483 on optimism about fully self-driving technology. If you’re thinking…
Tesla (TSLA) investors are once again caught between short-term realities and Elon Musk’s long-range vision for the future. The company’s third-quarter earnings report painted a mixed picture: record vehicle sales but markedly weaker profitability. Still, even as uncertainty grows around Tesla’s core electric vehicle business, Musk continues to look to the future. His message to…
Stocks show modest moves as investors await the Federal Reserve’s decision on interest rates. The focus is on possible warnings from Chairman Jerome Powell about market expectations that expectations for policy easing are being overstated. The S&P 500 and Nasdaq 100 contracts suggest modest gains on Wall Street. In premarket activity, Tesla Inc. sees a…
Tesla (TSLA) stock saw a 9% drop early Thursday following the company’s announcement of fourth-quarter earnings that missed expectations. The electric car giant posted gross revenue of $25.17 billion in the fourth quarter, slightly below the expected $25.87 billion. Despite a 3% increase in revenue compared to the previous year, Tesla’s adjusted earnings per share…
