Tesla Stock Down After Earnings

It wasnt a perfect quarter. Tesla stock moves lower as reuters indicates that the company halted plans to expand its plant in china.

Tesla shares jumped 12.5 in afterhours trading as the

Tesla stock shares fell 1.5% to 694.60 on the stock market today after dropping 4.5% tuesday despite beating earnings estimates, boosted by bitcoin and record regulatory credit revenue.

Tesla stock down after earnings. The stock slid as much as 4.5% but was down 3.9% as of 11:00 a.m. The stock has fallen in six of the past eight quarters in the week following the earnings report. Tesla earnings beat analyst estimates late monday.

Analysts expect that tesla will report earnings of $4.33 per share in 2021 and $5.93 per share in 2022, so the stock is trading at a roughly 120 forward p/e. Apple justifies its huge valuation, while tesla. Tesla is viewed as a disruptor to the.

Beat earnings per share (eps) estimates on july 22. Tsla) stock price surged more than 700%. With tsla stock closing near $880 on monday, the long straddle was priced at $85.

But skeptical investors traded the company's stock down regardless. Tesla stock tends to be quite volatile after the companys earnings releases. I n 2020, teslas (nasdaq:

Teslas q3 earnings are slated for october 23. If you back out the two trading sessions following the report. Over the past year, tesla's shares have provided a total return of 361.9%, well above the s&p 500's total return of 45.5%.

Tesla stock has soared about 8x over the last year, with its market cap approaching $800 billion. The stock, which was already down. This is because the most accurate estimate is pegged at earnings of 22 cents per share against the.

Tesla shares opened with a gap down. Stock rallied 12% late wednesday after the silicon valley car maker reported quarterly earnings that topped wall street views and set a goal to comfortably sell more than 500,000. That translates into a 9.7% move by weeks end.

Over the past five quarters, tesla shares have moved roughly 10% on average, up or down, the day after earnings were reported. Tesla also earned 27 cents in gaap. This article was originally written by mywallst.

From the march low to the recent high, tesla stock quintupled, topping near $1,795. Tesla has an earnings esp of +135.17%. After tesla reports is another story, though.

The stock gapped higher to $1,689.00 on july 23 and then opened this week below its weekly pivot at $1,580.50. Still, the drops are typically small.

Tesla made 105 million profit in Q4 2019 after record