US88160R1014 - Common Stock - After market: 182.65 +0.2 (+0.11%)
NASDAQ:TSLA (12/5/2022, 5:20:52 PM)-12.41 (-6.37%)
|GICS Sector||Consumer Discretionary|
|Earnings (Last)||10-19 2022-10-19/amc||Earnings (Next)||01-24 2023-01-24|
|Ins Owners||0.05%||Inst Owners||41.36%|
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Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. The company is headquartered in Austin, Texas and currently employs 99,290 full-time employees. The company went IPO on 2010-06-09. The firm's automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment is also comprised of services and other, which includes non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, sales by its acquired subsidiaries to third party customers, and vehicle insurance. Its energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Powerwall and Megapack are its lithium-ion battery energy storage products.
13101 Harold Green Road
Austin TEXAS 94304
CEO: Elon Musk
Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. Seth Goldstein, Morningstar equities strategist, speaks on "Bloomberg Technology." (Source: Bloomberg)
U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for longer, while shares of Tesla slid on reports of a production cut in China. This weighed on the Nasdaq, where Tesla was one of the biggest fallers, pulling the tech-heavy index to its second straight decline. The data came on the heels of a survey last week that showed stronger-than-expected job and wage growth in November, challenging hopes that the Fed might slow the pace and intensity of its rate hikes amid recent signs of ebbing inflation.
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