{"id":14205,"date":"2024-04-23T21:37:29","date_gmt":"2024-04-23T19:37:29","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/04\/23\/tesla-sees-biggest-revenue-drop-since-2012-but-company-shares-still-surge\/"},"modified":"2024-04-23T21:37:29","modified_gmt":"2024-04-23T19:37:29","slug":"tesla-sees-biggest-revenue-drop-since-2012-but-company-shares-still-surge","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/04\/23\/tesla-sees-biggest-revenue-drop-since-2012-but-company-shares-still-surge\/","title":{"rendered":"Tesla sees biggest revenue drop since 2012 but company shares still surge"},"content":{"rendered":"

Shares are up despite a revenue decline of 9% after company said it expects to release new vehicle models sooner than expected<\/p>\n

Tesla<\/a> shares surged nearly 10% in after-hours trading on Tuesday after posting earnings results, despite a revenue miss for the first quarter of 2024 and recently announcing a recall of its Cybertruck.<\/p>\n

The electric vehicle manufacturer posted $21.3bn in revenue, lower than the $21.48bn estimated and a 9% drop year over year \u2013 marking its biggest decline since 2012. As part of the report, the company released previews of a ride-hailing app to be integrated into its products and said it expects to release new vehicle models sooner than expected, bolstering investor confidence.<\/p>\n

Continue reading…<\/a>
\nShares are up despite a revenue decline of 9% after company said it expects to release new vehicle models sooner than expected
\nTesla shares surged nearly 10% in after-hours trading on Tuesday after posting earnings results, despite a revenue miss for the first quarter of 2024 and recently announcing a recall of its Cybertruck.
\nThe electric vehicle manufacturer posted $21.3bn in revenue, lower than the $21.48bn estimated and a 9% drop year over year \u2013 marking its biggest decline since 2012. As part of the report, the company released previews of a ride-hailing app to be integrated into its products and said it expects to release new vehicle models sooner than expected, bolstering investor confidence. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares are up despite a revenue decline of 9% after company said it expects to release new vehicle models sooner than expected Tesla shares surged nearly 10% in after-hours trading on Tuesday after posting earnings results, despite a revenue miss for the first quarter of 2024 and recently announcing a recall of its Cybertruck. The …<\/p>\n

Tesla sees biggest revenue drop since 2012 but company shares still surge<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":14206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14205"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=14205"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/14206"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=14205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=14205"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=14205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}