Stellantis sees Q1 2024 drop in revenue, but EV sales were up
Stellantis Q1 2024 revenue fell 12%, but global EV sales were up, and it’s optimistic about growth and profitability in H2 2024.
Expand Expanding CloseStellantis Q1 2024 revenue fell 12%, but global EV sales were up, and it’s optimistic about growth and profitability in H2 2024.
Expand Expanding CloseVolvo Cars’ global BEV sales are up 43% year-over-year in March – here’s how its monthly and quarterly EV sales break down.
Expand Expanding CloseYesterday we got another glimpse into Ferrari’s future clean energy plans with its second-quarter earnings release. Although anticipation is building for Ferrari’s EV rollout, the company is keeping the details under wraps.
Expand Expanding CloseTesla’s stock (TSLA) fell over 3% on Tuesday morning as Wall Street analysts are releasing notes on the company ahead of the financial results tomorrow. To be fair, the whole market is down (NASDAQ -1.15%) and crude oil took a hit (-2.32%), but it is still interesting to know what Wall Street thinks of Tesla going into the earnings.
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Tesla is set to release its fourth quarter 2015 financial results on Wednesday, February 10 after market close. As usual, the release of the results will be followed by a conference call and Q&A with Tesla’s management at 2:30pm Pacific Time (5:30pm Eastern Time). Now here’s what to expect on Wednesday:
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Tesla’s last few earnings were relatively uneventful, but next’s week results are shaping up to be quite interesting. Not only because Tesla managed to achieve a record number of deliveries last quarter, but also because of the peculiar action around the company’s stock leading up to the earnings, which are set to be published on February 10.
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Tesla’s stock price had quite the morning. The stock opened 4% down after notorious Tesla “bull” and Morgan Stanley analyst Adam Jonas published a negative note reducing his target price by 25%, but minutes later the stock went green and up 3% on high volume.
Overall Tesla’s stock is down 17% since the beginning of the year. With the fourth quarter financial results coming (Feb 10), let’s take a moment to talk about the stock.
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Tesla is set to release its third quarter 2015 financial results today at market close. Management will hold a conference call with Q&A at 2:30pm Pacific Time (5:30pm Eastern Time). You can join on the call through Tesla’s website and join us below the break for live updates:
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Tesla is set to release its third quarter 2015 financial results tomorrow. The company already confirmed record deliveries of 11,580 cars globally from July to September and it marked the very first quarter with deliveries of two different models: the Tesla Model S and Model X.
The Model S remains Tesla’s main source of revenue – meaning there shouldn’t be too much of a surprise on the revenue side, but let’s take a look at what to expect in numbers:
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Tomorrow, Tesla will release their financial results for the second quarter of 2015. Due to their recent policy change of disclosing Model S deliveries right after the end of quarter, the company already confirmed record deliveries of 11,502 cars. The Model S being by far the main source of revenue for Tesla, there shouldn’t be too much of a surprise on the revenue side, but let’s take a look at what to expect:
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Speculation regarding Apple’s plans to build an electric car has been at an all-time over recent months. Earlier this year, we broke down the team that Apple has assembled to work on its car, several members of which were poached from Tesla. In Tesla’s Q1 2015 earnings call, however, CEO Elon Musk commented on Apple’s alleged electric car plans and the poaching war that has been ongoing between the two companies.