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

KEY POINTS

  • Tesla missed on the top and bottom lines in its first-quarter earnings report.
  • Automotive revenue plunged 20% from a year earlier.
  • The stock, down 41% so far this year, was little changed in extended trading.
  • 9point6@lemmy.world
    11·
    1 day ago

    If you look at the TSLA stock, it’s now roughly where it was 4 years ago.

    It’s sinking, don’t you worry