Tesla Stories Earnings Monday. What It Means for the Inventory.
Tesla’s earnings are at all times a giant deal, for lovers and haters of the inventory alike. Current experiences have been greeted with disappointment—even after they “beat”—Monday’s launch of Tesla’s first-quarter outcomes ought to be sufficient to kick off a rally within the inventory.
That’s hasn’t been the case not too long ago. Tesla (ticker: TSLA) gained 740% in 2020, and people massive positive factors result in greater expectations, expectations that Tesla inventory discovered onerous to beat. In reality, Tesla inventory has dropped the week following the previous 4 quarterly earnings experiences.
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