Tesla’s Quarterly Earnings Report Expected to Reveal Impact of Declining Deliveries
Tesla’s stock price has been subject to volatility in recent times. The company’s quarterly earnings report is expected to reveal the impact of declining deliveries on its finances.
Key Statistics:
- Sales have decreased by approximately 13% compared to the same period last year
- Market experts attribute the decline to various factors
Recent Developments:
- Tesla’s CEO Elon Musk has faced criticism for claims about autonomous driving technology
- Potential costly hardware upgrades for hundreds of thousands of customers may result from these claims
Market Impact:
- The company’s stock price has been affected by the recent downturn in US equity markets
- Some analysts advise investors to exercise caution ahead of the earnings report