Investing News

Musk Says Tesla Price Cuts Ineffective Due to High Rates; Shares Tumble on Earnings Miss

Tesla shares tumbled more than 9% in trading Thursday on the electric carmaker’s lackluster earnings report for the third quarter. Elon Musk and other executives highlighted economic headwinds and Cybertruck production challenges that have hurt performance.

Articles You May Like

3 Top Stock Picks Positioned to Capitalize on Skyrocketing Defense Spending
How to Calculate Marginal Propensity to Save
The 3 Most Undervalued Restaurant Stocks to Buy in May 2024
Time to Cut Your Losses on SOFI Stock? Why This Former Bull Is Waving the White Flag.
3 Healthcare Stocks to Sell in May Before They Crash & Burn