KEY POINTS

  • Tesla missed on the top and bottom lines in its first-quarter earnings report.
  • Automotive revenue plunged 20% from a year earlier.
  • The stock, down 41% so far this year, was little changed in extended trading.
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[–] 2 points 1 year ago (1 child)

And apparently the “new” Model Y is even worse than the old one. That’s their bread and butter.

https://www.carmagazine.co.uk/car-reviews/tesla/model-y-suv/

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