ToplineTesla delivered stronger third-quarter profits than Wall Street expected Wednesday, as Elon Musk’s electric vehicle maker reported its first year-over-year bottom line growth of 2024. Tesla CEO Elon Musk appears at a town hall in Pennsylvania supporting Donald Trump.Getty Images Key FactsTesla brought in $0.72 in adjusted earnings per share ($2.51 billion net income), while consensus analyst estimates called for $0.59 EPS ($2.01 billion net income), according to FactSet. On the top line, Tesla repo ...

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Tesla CEO and X owner Elon Musk stands with Republican presidential nominee former U.S. president Donald Trump during a campaign rally, on the day Trump returns to the site of the July assassination attempt against him, in Butler, Pennsylvania, U.S., October 5, 2024.As Tesla prepares for quarterly results on Wednesday, many investors have one big issue on their minds: Donald Trump.On a forum Tesla uses to solicit investor questions online in advance of its earnings calls, dozens of inquiries poured in from ...

With Tesla Inc‘s TSLA earnings report fast approaching, stock traders are gearing up for a wild ride. From concerns over margins to Tesla's AI ambitions, plenty is at stake, and traders are split on what to expect. In an exclusive interview with Benzinga, Ed Egilinsky, managing director at Direxion, offered insight into what metrics traders are watching and how they're positioning themselves for the next big move.Exclusive Insight: Gross Margins, Pricing Power Under The Microscope"There will be a focus on s ...

SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania.Tesla is set to report third-quarter earnings on Wednesday after the close of regular trading.Here's what analysts are expecting:Earnings per share: 58 cents, according to LSEG consensus estimates.Revenue: $25.37 billion, according to LSEGEarlier this month, Tesla reported third-quarter vehicle deliveries of 462,890. Deliveries ar ...

A downtrend has been apparent in Tesla (TSLA) lately. While the stock has lost 10.9% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the s ...

Tesla (NASDAQ: TSLA) is at the center of excitement over the company’s new product lineup, but investors are cautious about its stock performance. Despite this environment, long-term price targets like $400 remain in focus.The target is a possibility despite the ‘disappointing‘ October 10 Robotaxi Day event, during which TSLA plunged 8.8%.By the close of the latest market session, Tesla stock was valued at $217.97, dropping 0.40% for the day. These losses have extended on the weekly chart, with TSLA down 1. ...

With Tesla Inc's TSLA third-quarter earnings slated to be out post-market on Wednesday, investors are bracing for a pivotal moment. Analysts expect earnings per share of 58 cents on revenue of $25.37 billion, but the real question for traders is whether Tesla's stock — currently down 12.26% year to date — can shake off its bearish spell.Bearish Trends Are Clear For Tesla, But What's Next?Tesla stock is currently $217.97 as technical indicators flash red. Chart created using Benzinga ProThe stock is trading ...

McDonald's experienced an E. Coli breakout linked to onions. (Photo by Justin Sullivan/Getty ... [+] Images)Getty ImagesKey Takeaways Starbucks Faces Challenges, Withdrawing Guidance After Three Straight Quarterly Declines Texas Instruments Rises, Despite Weaker Guidance, Due To Strong Chip Demand McDonald’s Drops Amid E. Coli Outbreak Linked To Tainted OnionsStocks were little changed on Tuesday as we wait for some of the more well-known names to begin reporting earnings. The S&P 500 lost 0.5% while the Na ...

Tuesday, October 22nd, 2024Markets churned to basically breakeven in today’s trading session. This is a trading climate that is quite ready to absorb some new news in order to point a clear way forward. We obviously note the General Election two weeks from today, but mostly the near-term has to do with the Fed’s interest-rate-cutting schedule.What happens first are the October reports on Personal Consumption Expenditures (PCE) and the Employment Situation, on Thursday and Friday of next week. As a result, t ...