Posted inStock Market
Tesla’s Q1 Earnings Preview: Analysts Cautious Amid Declining Growth and Competition
Tesla Inc. is scheduled to release its Q1 2024 financial results after the market closes on April 23. Analysts are projecting revenues of $22.34 billion, a slight decline from $23.33 billion in the same period last year. Over the last five quarters, Tesla has exceeded revenue expectations twice but fell short on both revenue and earnings per share in the recent two quarters. Key aspects to monitor include demand shifts following recent price reductions and the effects of recent layoffs.…