Tesla Inc. reported first-quarter earnings that just missed analyst estimates after a series of aggressive price cuts squeezed profit margins.
Revenue rose to US$23.33 billion in the quarter, nearly in line with Bloomberg estimates of US$23.35 billion. Profit excluding some items fell to 85 cents a share, slightly below the 86-cent average of estimates compiled by Bloomberg.
“We continue to believe that our operating margin will remain among the highest in the industry,” the company said in a statement to shareholders.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Cathie Wood's Canadian ETF partner, Emerge, hit with trading ban - BNN BloombergInvestors in Emerge Canada Inc.’s Toronto-listed versions of Cathie Wood’s popular exchange traded funds are stuck in limbo.
اقرأ أكثر »
Prairie farmers hope for 'normal' season after volatile couple of years - BNN BloombergThird-generation farmer Greg Sears is more than ready for a crop year without any curve balls in it.
اقرأ أكثر »
Suncor's Fort Hills expansion to be reconsidered by regulator - BNN BloombergThe Alberta Energy Regulator is reconsidering approval of a plan allowing Suncor Energy Inc. to extend its Fort Hills oil-sands mine into nearby wetlands after pressure from an environmental group.
اقرأ أكثر »
U.S. stocks bounce back; bond yields climb on Fed bets - BNN BloombergStocks saw small moves as the possibility of further Federal Reserve policy tightening lifted Treasury yields and investors stayed on the sidelines amid bank earnings.
اقرأ أكثر »
Statistics Canada to release March inflation numbers this morning - BNN BloombergStatistics Canada is set to release its March inflation reading this morning.
اقرأ أكثر »
Oil edges higher on signs China's economic recovery on track - BNN BloombergOil edged higher as data showed China's economic recovery was on track following the end of Covid Zero, boosting the demand outlook.
اقرأ أكثر »