Tesla Stock Down 11% in April; Analyst Says Earnings Expectations ‘At A Crossroads’


Source: investors.com investors.com

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Tesla (TSLA) announces first-quarter financials this week with analysts waiting to see how the global EV giant's 2023 price-slashing strategy has impacted profit margins. TSLA shares edged higher early Monday. X Elon Musk's Tesla already reported record Q1 deliveries earlier in the month, thanks to vehicle price cuts and new U.S. tax credits. On Friday, Tesla cut prices in Europe, Singapore and Israel. A week earlier, Tesla cut prices on all U.S. vehicles, the third price reduction this year. The Model S starts at $84,990 while the Model X now begins at $94,990. Meanwhile, Tesla cut U.S. Model 3 prices...