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Bloomberg Daybreak: US Edition
Instant Reaction: Tesla Fast Tracks Affordable Models After Earnings Miss
Apr 23, 2024
Ross Gerber, Max Chafkin, and Ed Ludlow discuss Tesla's plans to fast track the release of more affordable car models following disappointing earnings. Topics include Tesla's stock performance, challenges in production, consumer perception, pricing strategies, and the influence of Elon Musk.
16:35
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Quick takeaways
- Tesla plans to launch more affordable models quickly post-earnings miss.
- Investors demand Tesla focus on advancing sustainable transportation and effective marketing strategies.
Deep dives
Tesla's First Quarter Earnings Report
Tesla's first quarter earnings report reveals a rise in shares in the after-hours trading session despite revenue slightly below estimates and missed adjusted EPS. The company aims to accelerate the launch of more affordable models, attracting investors' attention. However, questions remain regarding the specifics of the new products and the overall future outlook.
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Discover
highlights
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