Tesla Earnings Live Blog: Analyst Call Amid Stock Decline
Tesla Set to Report Quarterly Earnings After Market Close
The print is likely to be ugly as the world's most valuable automaker faces declining stock prices.
AUSTIN, Texas (April 23, 2023) – Tesla is set to report its quarterly earnings after the market closes today, amid a decline in its stock prices and an announced analyst call.
The electric car maker has been facing challenges in recent months, including a decline in its stock price and production issues at its new factory in Austin, Texas. The company's stock has fallen by more than 30% since the start of the year.
Analysts are expecting Tesla to report a loss per share of $0.45 in the first quarter, on revenue of $21.3 billion. This would be below the company's own guidance of a loss per share of $0.25 to $0.35.
Tesla's earnings report will be closely watched by investors, as it will provide an update on the company's financial performance and its plans for the future.
The company's analyst call is scheduled for 5:30 p.m. ET. Investors can listen to the call live on Tesla's website.
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