Tesla Guides for 50% Growth in Deliveries
Elon Musk automaker reports first annual profit, though fourth-quarter earnings miss expectations.
Author:
Tesla Inc (
TSLA) - Get Report said it sees deliveries growing at least 50% in 2021, while it reported fourth-quarter earnings below estimates after the bell Thursday.
The company posted fourth-quarter non-GAAP earnings of 80 cents a share on revenue of $10.74 billion.
In the latest quarter, the company had been expected to report a profit of $1.02 a share, on sales of $10.5 billion, based on a FactSet survey of 20 analysts.
In the same period a year ago, the company posted earnings of 42.8 cents a share on sales of $7.4 billion.
Youth Gone Wild, The Swarm of Individual Traders, GameStop, Melvin Capital As a trader who at times takes short positions, I don t know whether to stand up and applaud this group or to fear them.
Jan 26, 2021 | 07:32 AM EST
They call us problem child
We spend our lives on trial
We walk an endless mile
We are the youth gone wild
We stand and we won t fall
We re one and one for all
The writing s on the wall
We are the youth gone wild Youth Gone Wild , Rachel Bolan, David The Snake Sabo (Skid Row) 1989
A Most Peculiar Day
How does one even describe the price discovery witnessed or perhaps experienced across several interesting stocks on Monday? OK, not just Monday, but recently, with Monday putting an exclamation point on that action. Is it over? Oh, I would not count on that.
U.S. stock futures are pointing to a higher open Tuesday as investors hope for any announcements of future economic stimulus ahead of President-elect Joe .