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Tesla reported Q4 earnings after the market close Wednesday of $1.19 earnings per share beating the consensus of $1.13 per share. Revenue rose to $24.
[See the full post at: Tesla Reports Optimistic Outlook with Record Revenue and Orders]Market reaction to Tesla earnings driving continued rebound in the mega cap space, in turn bolstering the broader market.
$TSLA 158.80 ▲ +14.37 (+9.95%)
Vanguard Mega Cap ETF $MGK 188.79 ▲ +2.68 (+1.44%)
S&P 500 Index $SPX 4,051.48 ▲ +35.26 (+0.88%)Tesla offers NEW $3,000 discount or free Supercharging for three years.
– Deal requires a trade-in.
– Offer expires in February.Earlier Ford Motor Company announced would cut the price of their electric Mustang Mach E models in reaction to $TSLA #EV
Tesla Recalls Roughly 362,800 Vehicles to Fix ‘Full-Self Driving’ Beta Software
Tesla Inc. is issuing a recall for roughly 362,800 vehicles equipped with its advanced-driver assistance system that the company markets as Full Self-Driving beta, federal safety regulators said.
In a notice published Thursday, the National Highway Traffic Safety Administration said that some Teslas in rare circumstances could violate local traffic laws, potentially increasing the risk of a collision if a driver fails to intervene.
Ahead: #Tesla Investor Day today
Where CEO Elon Musk is expected to announce third master plan “generation 3 platform” anticipated to lead to cheaper Electric Vehicle in the future, unclear if a new mass-market model will be unveiled
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