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Tesla Stock Boosts EV Sector After Earnings
TSLATesla(TSLA) Schaeffers Investment Research·2025-04-24 02:15

Shares of Tesla Inc (NASDAQ:TSLA) were last seen up 7.7% at 256.34today,despitethecompanysmajorprofitlossinthefirstquarter.Theelectricvehicle(EV)giantreportedearningsof27centspershareonrevenueof256.34 today, despite the company's major profit loss in the first quarter. The electric vehicle (EV) giant reported earnings of 27 cents per share on revenue of 19.34 billion, representing a decline of 71% and 9%, respectively. However, commentary from CEO Elon Musk is boosting sentiment, after he said he would spend less time in Washington D.C. working for President Trump and instead focus on Tesla.On the charts, the declining 40-day moving ave ...