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Posted by
Two Blokes Apr 22 -
Filed in
Stock
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Tesla, Inc.'s Q1 earnings were disappointing, with revenue missing estimates by 10% and EPS by over 30%, indicating significant operational deterioration. The auto business is struggling, with declining deliveries and rising inventory despite price cuts, while the energy business isn't growing fast enough to offset this. Profitability has taken a hit, with a 66% decline in operating profits and a 71% drop in GAAP EPS, highlighting severe challenges.
