{"id":9691,"date":"2023-04-19T22:37:34","date_gmt":"2023-04-19T20:37:34","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/04\/19\/tesla-misses-revenue-mark-as-lowered-car-prices-results-in-few-takers\/"},"modified":"2023-04-19T22:37:34","modified_gmt":"2023-04-19T20:37:34","slug":"tesla-misses-revenue-mark-as-lowered-car-prices-results-in-few-takers","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/04\/19\/tesla-misses-revenue-mark-as-lowered-car-prices-results-in-few-takers\/","title":{"rendered":"Tesla misses revenue mark as lowered car prices results in few takers"},"content":{"rendered":"<p>Drop in company\u2019s gross margins in first-quarter earnings signal price cuts could hurt financials with share prices taking a tumble<\/p>\n<p>Tesla narrowly missed Wall Street expectations in the first quarter of 2023 and gross margins dropped significantly in a signal that a series of price cuts could hurt the company\u2019s financials. The company posted a revenue of 85 cents a share on $23.33bn total revenue, just below analysts\u2019 prediction of 86 cents a share on $23.34bn.<\/p>\n<p>Gross margins, a figure that investors are paying close attention to this quarter, dropped from 29.1% to 19.3% year-over-year after the company rolled out a series of recent price cuts.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/apr\/19\/tesla-earnings-report-q1-car-prices\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/12b003bb640d1fd4376a4f84b661d02f919bb1be\/0_121_4500_2700\/master\/4500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=99466f1de457048551f841b5c05aba5b\" title=\"Tesla misses revenue mark as lowered car prices results in few takers\" \/>Drop in company\u2019s gross margins in first-quarter earnings signal price cuts could hurt financials with share prices taking a tumble<br \/>\nTesla narrowly missed Wall Street expectations in the first quarter of 2023 and gross margins dropped significantly in a signal that a series of price cuts could hurt the company\u2019s financials. The company posted a revenue of 85 cents a share on $23.33bn total revenue, just below analysts\u2019 prediction of 86 cents a share on $23.34bn.<br \/>\nGross margins, a figure that investors are paying close attention to this quarter, dropped from 29.1% to 19.3% year-over-year after the company rolled out a series of recent price cuts. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drop in company\u2019s gross margins in first-quarter earnings signal price cuts could hurt financials with share prices taking a tumble Tesla narrowly missed Wall Street expectations in the first quarter of 2023 and gross margins dropped significantly in a signal that a series of price cuts could hurt the company\u2019s financials. The company posted a &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/04\/19\/tesla-misses-revenue-mark-as-lowered-car-prices-results-in-few-takers\/\"> <span class=\"screen-reader-text\">Tesla misses revenue mark as lowered car prices results in few takers<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":9692,"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\/9691"}],"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=9691"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/9692"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=9691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=9691"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=9691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}