Tesla posted a 9% drop in first-quarter revenue to $21.3 billion.
Raluca Niculae
International
Foto: Pixabay
Always see our news on Google
Tesla's revenue fell to $21.3 billion from $23.3 billion in the same period last year. The company reported a profit of $1.13 billion, compared with $2.2 billion in the first quarter of 2023. That marks the first quarterly decline since early 2020. Tesla shares rose 6% in after-hours trading.
Sources
Dezastru pentru Tesla: Cel mai mare producător de vehicule electrice raportează cea mai abruptă scădere a veniturilor din 2012 încoace şi un profit net mai mic cu 48% în T1
Tesla profit plunges 55%, as shares bounce on plans for cheaper vehicles
Tesla profits halve, more jobs axed, new models brought forward
Sales falling, prices cuts... Tesla's revenues plummeted 55% in first quarter
Tesla profits tumble but shares rise on new vehicle plan
ULTIMA ORĂ Tesla a anunțat o scădere masivă a veniturilor și profitului. Câștigul net a coborât la un nivel record pentru ultimii ani
Latest News
11:45
The Bucharest Stock Exchange opened Wednesday's session higher, with a turnover of 29.04 million lei. The BET index increased by 0.09%, while BET-Plus rose by 0.05%.
11:35
Romania intends to exercise the right of preemption for the gas from the Neptun Deep offshore perimeter, seeking funding to acquire them.
11:34
Interim Prime Minister Bolojan emphasized, on the National Anthem Day, the importance of state symbols and the responsibility of current generations to build a stronger Romania.
11:22
ANALYSIS / Brexit, ten years later: the event that rekindled the European dream of the British
11:21
ANSVSA applied 26 contraventional sanctions, totaling 280,000 lei, following inspections carried out at public catering units on the coast. The activity was suspended for two units.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
