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Tesla Stock Tumbles After Q1 Earnings Miss, But Musk Promises Future Gains

On: April 23, 2024

Tesla’s Q1 earnings report paints a mixed picture for investors. While the company touts future advancements in autonomy and new products, current financials show a decline in profits and deliveries. Key takeaways: Profits dropped 55% YoY: Tesla’s profits fell to $1.13 billion, significantly lower than analyst expectations. Revenue dipped 9%:Continue Reading

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