Monday, December 6, 2021

Opinion: Tesla’s earnings show is more cautious — and yes, boring — without Elon around

Get more The Box amazon Deals and items The Box Proudly pick for you

This artical is first shown on marketwatch

Tesla Inc. was more cautious Wednesday in both its shareholder letter and its conference call, its first since Chief Executive Elon Musk bowed out of the quarterly earnings show, and it may have cost the stock.

The electric-vehicle maker reported record third-quarter earnings and revenue Wednesday, but shares still declined 1.6% in after-hours trading. Tesla disclosed that chip shortages, port congestion and other supply-chain issues were hurting its ability to make as many cars as it could sell, and toned down its forecasts…

This artical is first shown on marketwatchAuthor on date 2021-10-21 01:27:00
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with The Wall Street Journal and Barron’s, it is a subsidiary of Dow Jones & Company, a property of News Corp.

BEST

Amazon Deals

Get the best Amazon promotions and deals. Fast delivery and free returns on eligible items. Discover millions of products available from Amazon

Trending

More Articles Like This