Earnings Preview: What To Expect From Tesla

Category: Finance

Tesla is set to report earnings, with expectations of a gain of $0.59/share on $24.97 billion in revenue. The stock has fluctuated significantly since its IPO, reaching a high of $414.50/share in 2021 and currently trading near $250. The company has a P/E ratio of 92 and is considered a market leader in electric vehicles. The stock's performance is closely watched, especially during earnings season, as it can experience significant price movements based on the results.

Keywords: Tesla, earnings report, stock market

Source: Forbes

Update At: 7/24/2024

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