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Posted by
Two Blokes April 23, 2025 -
Filed in
Stock
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18 views
Tesla, Inc.'s stock saw a brief downside post-1Q25 earnings but was up over 5% in extended trading as CEO Elon Musk pledged more focus on Tesla, and less on DOGE. Despite missing earnings estimates and a significant drop in net income, Tesla's energy and services revenue grew, and gross margin slightly exceeded consensus as expectations bottomed prior to earnings. The stock's valuation is attractive, and the stock is trading below key moving averages, with signs of a potential rally, in my opinion.
