Tesla (NASDAQ: TSLA) shares surged over 5% in after-hours trading despite posting weaker-than-expected first-quarter results. The electric vehicle giant reported adjusted earnings of $0.27 per share on revenue of $19.34 billion, falling short of Wall Street expectations. Analysts polled by LSEG had projected earnings of $0.39 per share on $21.11 billion in revenue. While the earnings miss raised some concerns, investor sentiment appeared to turn bullish following Tesla's earnings call on Tuesday. CEO Elon Musk revealed that he plans to "significantly reduce" his involvement with Dogecoin starting in May and will shift more of his attention back to Tesla. Markets may have interpreted this as a signal of renewed focus on core operations, possibly reigniting confidence in Tesla's long-term st
MS Stays Bullish on Tesla AI Potential: Is it Out of the Woods?
Tesla shares jumped more than 3.5% after Morgan Stanley released a report, calling Tesla the "perfect embodiment" of the ideal combination between "AI and manufacturing." ------------------ Will Tesla break out $300, the key level? Is Tesla out of the woods or not? Is the timing of this report meaning the big rebound coming?
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