Tesla SpaceX Earnings Sell-Off
Tesla shares plunge on Q2 earnings miss despite record deliveries while SpaceX stock falls below IPO price amid intense post-listing selling pressure.
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- MARKEDTSLA.O (TSLA.O)
▼ 3.89% close $311.40 from $324.00
- MARKEDINTC.O (INTC.O)
▼ 12.48% close $91.55 from $104.61
- DATATesla shares plunge 8.3% to $390 as Q2 earnings miss outweighs record deliveries
Investors punished the EV maker for profit weakness despite volume growth, extending a sell-off that began after the company reported second-quarter results.
Nyt Business - DATATesla shares plunge 8.3% to $390 as Q2 earnings miss outweighs record deliveries
Investors punished the EV maker for profit weakness despite volume growth, extending a sell-off that began after the company reported second-quarter results.
Nyt Business - MARKEDTSLA.O (TSLA.O)
▼ 14.01% close $324.00 from $376.80
- DATAWall Street slides as Tesla and Alphabet drop on earnings; oil hits summer high
US equities fell sharply at the open, weighed down by losses in tech giants Tesla and Alphabet following their latest financial reports. Meanwhile, crude prices surged to their highest level this summer, driven by escalating tensions in the Middle East.
Channel NewsAsia - MARKETTesla revenue jumps 26% to $28bn, but price cuts weigh on execution
Investment strategists warn that the top-line growth was achieved through significant discounting, casting doubt on margin resilience despite the volume surge.
Channel NewsAsia - MARKEDINTC.O (INTC.O)
▼ 4.07% close $101.77 from $106.09
- MARKEDINTC.O (INTC.O)
▲ 8.65% close $106.09 from $97.64
- EVENTTesla expands robotaxi service to Orlando and Tampa ahead of earnings
The electric-vehicle maker pushes its autonomous ride-hailing business into new Florida markets, testing scalability as investors await quarterly results.
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