(Bloomberg) Shockingly low quarterly sales figures from Tesla Inc. this week are raising a fundamental question for investors: If the days of breakneck growth are over, what are the shares of Elon Musk’s company really worth? Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyMark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020Iran Tells US to Step Aside as It Readies Response t
Tesla s stock faces challenges as sales disappoint and growth falters. Concerns over future earnings potential impact its value. The company s stock struggles, with uncertainty around its next growth phase and competition in the EV market. Tesla sold about 387,000 cars in the first quarter, while analysts on average thought that number would be around 449,000. Obviously, profit estimates for the quarter will now have to be cut, after already dropping by more than half in a year.
(Bloomberg) Tesla Inc.’s disastrous sales report on Tuesday, and traders’ aggressive selling of the stock in the months leading up to it, have the share price plunging toward a critical level for investors.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTSMC Halts Some Chipmaking as Taiwan Gauges Quake FalloutKim Jong Un Faces Annihilation in Most Ko
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