Stock Movers Tesla Rises, Boeing Gains, AT&T Up on Positive Forecast
Apr 23, 2025
Tesla's stock rises as Elon Musk shifts focus from government work to boost the electric vehicle company, despite missed financial targets. Boeing shows impressive recovery with better-than-expected earnings and plans to ramp up jet production, overcoming global trade challenges. AT&T shares climb as the company announces positive quarterly results, supported by enticing promotional offers aimed at attracting and retaining customers.
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Tesla Focus Reassures Investors
- Tesla had its worst quarter in years by revenue and earnings but shares rose after Elon Musk pledged to focus more on Tesla.
- Musk reassured investors by stating the current situation was not like previous crises Tesla had faced.
Boeing Eyes 2025 Turnaround
- Boeing's first quarter shows improvement with a smaller-than-expected loss and ramped up jet production.
- CEO Kelly Ortberg marks 2025 as the turnaround year amid ongoing production challenges.
Personal 737 Max Aviation Experience
- Lisa Mateo shared her personal experience flying a 737 Max jet and reiterated the importance of ramping up production.
- Boeing aims to increase monthly output to around 50 planes to overcome recent struggles.