Tesla Shares Plunge 18% After Earnings Miss and Cash Flow Turn Negative
Earnings·1 article across 1 outlet
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Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
This significant drop marks the worst slump for Tesla since 2022, coinciding with a critical period for SpaceX ahead of its Starship test flight.
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“Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.”
CNBC — Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight