Press "Enter" to skip to content

Posts published by “Nancie Wiers”

Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023

Tesla stock (TSLA) fell 12% on Thursday after the company reported fourth quarter earnings late Wednesday that missed estimates and issued a downbeat full-year production outlook. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion against $25.87 billion expected; revenue rose approximately 3% from a year ago. Tesla reported adjusted EPS of $0.71