Business
Tesla falls after releasing quarterly results. What professionals say
Market Movers has summarized the latest reactions to Tesla from investors and analysts. The pros discussed the electric vehicle maker after it reported earnings that missed analysts’ estimates, the first time Tesla has missed both profit and revenue since the second quarter of 2019. Additionally, analysts at Goldman Sachs, Citi and Morgan Stanley lowered their price targets on Tesla, whose shares fell 9.3% on Thursday.
