Business•Google News - Business
Tesla’s Revenue Beat Hid The Number That Actually Sank The Stock - Trefis
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“Tesla's revenue beat hid a number that sank the stock, causing a 14% plunge and a $18 billion loss for Elon Musk.”
Core Impact Points
- Tesla's revenue beat expectations but hid a negative number that sank the stock
- The company's stock plummeted 14% after the earnings report
- Elon Musk lost $18 billion due to the stock's decline
Tesla’s Revenue Beat Hid The Number That Actually Sank The Stock Trefis Trader who successfully shorted Tesla into earnings now sets sights on this high flyer CNBC Tesla Plummets 14%—Costing Elon Musk $18 Billion Forbes Tesla: $1.
1 Billion Negative Free Cash Flow — Betting the Company’s Survival Again?
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Originally reported by Google News - Business
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