Tesla Posts Largest Revenue Dip Since 2012, Yet Shares Surge On 'Affordable Model' News
by Carscoops
Carscoops— Whether this ends up as a blip on the radar or the start of a downward trend is unclear
The Guardian—Tesla sees biggest revenue drop since 2012 but company shares still surge. Shares are up despite a revenue decline of 9% after company said it expects to release new vehicle models sooner than expected.
The Independent—Elon Musk promises ‘more affordable models’ as Tesla revenue faces biggest drop since 2012. Cheaper vehicles could be stripped-down versions of older models
CNBC—Tesla reports biggest revenue slide since 2012, announces renewed push for affordable model. Tesla reported a 9% drop in revenue in the first quarter, the steepest year-over-year decline since 2012. The company's stock price is down...