Tesla's first-quarter earnings report lands as investors reckon with a steep slide in the company's stock price.

Tesla’s first-quarter earnings report lands as investors reckon with a steep slide in the company’s stock price.

  • Blue_Morpho@lemmy.worldEnglish
    18·
    1 month ago

    Crazy that only 20%. I hope that this is just the start and it’s 20% down per month every month.

    • Jo Miran@lemmy.mlEnglish
      18·
      1 month ago

      That’s 20% after thoroughly cooking the books. My guess is that they are moving things around in hopes that there is a surge recovery in one of the upcoming quarters to cover the deltas

      • DUMBASS@leminal.spaceEnglish
        21·
        1 month ago

        Between the nazicar getting free makeovers and a fair majority of them having to be towed after a really short period of time for something stupid that shouldn’t have to be an issue if they were made correctly, I don’t see their sales going up. It’s getting to be not worth the risk for those weirdos to buy one.

    • remoteloveEnglish
      3·
      1 month ago

      After hours is mostly bullshit. Big orders get pulled at market close and it will usually leave a fairly big spread. If some rando makes an after hours buy at market price, you are just seeing the lowest sell order which is usually way over-priced. The trade volume is usually going to be super low comparatively.

      Tesla may be a one-off because the price has tanked so hard and the overall market is hyper-volitile right now.