Topline Shares of electric vehicle maker Tesla rallied in after-hours trading Thursday as the company won shareholder approval for a 3:1 stock split, the second such move in around two years, as the world’s most valuable automaker looks to make its stock more affordable. Tesla’s stock has risen over 30%…
Tag: tesla earnings
Tesla Shares Rally Despite Slowdown In Profits, Impact From China Shutdown
Topline Shares of Tesla jumped late on Wednesday after the company reported second-quarter results that largely beat Wall Street expectations, despite analyst concerns about production taking a hit from months of Covid lockdowns in China. Tesla ended its streak of record profits after a decline in the second quarter. Matt…