Tesla missed slightly on earnings per share. Financials improved but not as much as hoped. EPS was (non-GAAP) was 52 cents per share. There was not positive new guidance on car volumes. This is causing the shares to trade down. The restructuring charges for the layoffs were about $280 million more than expected at $622 ...

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Link :
https://www.nextbigfuture.com/2024/07/tesla-down-after-earnings-call-as-positive-energy-and-ai-guidance-was-missed.html