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Tesla Motors, Inc. TSLA

Tesla Motors, Inc. TSLA

5-11-2021 – Tesla (TSLA) halts Shanghai land purchase due to US-CHINA tensions

Tesla Earnings

4-26-2021 – Tesla reported earnings after the closing bell.  TSLA reported earnings of 93 cents per share beating the consensus of 79 cents per share. Revenue reported at $10.39 billion slightly better than the expectations of $10.29 billion. Net profit came up to $438 million, or 0.39/share, in the Q1, compared with $16 million, or 0.2/ share. The stock is trading 1.39% lower at 727.35 in post-market trading. Tesla stock closed at 738.20 on Monday.

Check the latest Tesla stock upgrades and downgrades

What are Tesla Regulatory Credits

Regulatory Credits are credits or points given by some states (there are about 14 states with that programs including California) or the federal government for contributing zero pollution to the environment. The auto manufacturers who have a surplus of credits can sell their credits to other auto manufacturers, who can use the credits to comply with the local and federal laws.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company also provides services for the development of electric powertrain systems and components, and sells electric powertrain components to other automotive manufacturers. It markets and sells its vehicles through Tesla stores, as well as over the Internet. As of October 3, 2013, the company operated a network of 42 stores and galleries in the United States and Canada. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

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Tesla Earnings Disappoint, Revenues Beat Estimates

Tesla (TSLA) stock is under selling pressure giving up over 3% in the after market as investors digest the earning report.