why did tesla stock drop after earnings

Tesla shares dropped more than 11 in Thursday trading after the company said it would not produce new model vehicles in 2022 and is not yet working on a hotly anticipated. This was the case with its most recent earnings.

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Shares of Tesla TSLA 251 slid 114 in January according to data provided by SP Global Market Intelligence.

. TSLA beat on earnings but the stock reacted poorly. Teslas share price fell sharply on Thursday after the companys record earnings posting failed to reassure investors over supply chain struggles. TSLA shares quickly dropped 6 despite beating earnings estimates.

On Wednesday Jan. Even after Tesla ticker. Tesla delivered about 10000 to 15000 more vehicles than analysts projected in the quarter.

Revenue climbed 59 to 635. Looking at earnings reports of the past it seems common for Tesla stock to rise initially even if it eventually ends up taking a dip shortly after. Tesla blew away earnings expectations Monday evening reporting the best quarter in the companys history.

A bottom line that exceeded expectations by 17 isnt enough to push the stock into positive territory. The leader in electric vehicle manufacturing reported strong. Stock futures fell Tuesday after the Nasdaq Composite closed at its lowest in two years.

Why did Teslas stock fall after their most recent earning report. In the second quarter Tesla lost 112 per share on an adjusted basis compared to the average analyst estimate of 40 cents according to Refinitiv. On Monday after market hours Tesla TSLA -632 reported a quarter.

Tesla shares fell 29 to 805 15 minutes. Its stock initially popped in after-hours trading but closed down 5 on Thursday and lost another. Wall Street set to open in the red after the Nasdaq Composite closes at 2-year low.

Tesla now approaching key support at the 200-day moving average. Shares of Tesla closed down more than 8 Monday after the electric vehicle maker released third-quarter production and delivery numbers on Sunday that fell short of analysts. Chinese electric vehicle maker Nio NIO reported its Q1.

Electric-vehicle maker Tesla crushed earnings estimates Wednesday evening. Tesla then recovered to trade down 2 as. Our award-winning analyst team has spent more than a decade beating the market.

Find out why Tesla is one of the 10 best stocks to buy now. TSLA will report its Q4 earnings for fiscal year 2021 -- so the fact that Tesla stock is falling today doesnt portend particularly well. After all the newsletter they.

Because it was worse than expected - Tesla is making money on each car sold but a little less than expected and Tesla. Tesla stock swung around violently post the earnings release. Stock in electric-vehicle pioneer Tesla was falling after the company reported.

Shares of Tesla are moving lower after the company reported its second-quarter results. They note for instance Tesla earns money from selling regulatory. Shares dropped Tuesday in response to the pristine earnings print.

Tesla Stock Declines Amid Sell-Off In The Electric Vehicle Space. According to some the muted reaction to Teslas blockbuster earnings is a sign that its stock is maturing. Tesla TSLA swung around pretty wildly in the after-hours market on Wednesday following its earnings release.

The Chinese electric automaker has set its sights on the global market as it looks beyond selling cars to make money. TSLA smashed second-quarter earnings estimates bears still question the quality of the results. The stock dropped 6 fairly rapidly despite beating on the top.

A small drop in response to better-than-expected results is typical.

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