Tesla Stock: Three Reasons Why Shares Are Surging After Earnings
Tesla (TSLA) reported worse-than-expected first-quarter earnings and revenue late Tuesday. Investors appeared not to care, sending TSLA shares more than 12% higher early Wednesday after Chief Executive Elon Musk signaled “more affordable” new models are on the way. Musk also predicted 2024 vehicle deliveries would be higher, stressing Tesla’s focus on full-self driving (FSD) during