Tesla Stock Slips as Revenue, Adjusted Profit Fall Short of Estimates
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Tesla's stock dropped by 2.5% in after-hours trading following a report that its fourth-quarter revenue and adjusted profit did not meet market expectations.
January 29, 2025 | 10:00 pm
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Tesla's stock declined by 2.5% in after-hours trading due to its fourth-quarter revenue and adjusted profit missing market expectations.
The decline in Tesla's stock price is directly linked to the company's failure to meet revenue and profit expectations for the fourth quarter. This typically results in negative investor sentiment, leading to a short-term decrease in stock price.
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IMPORTANCE 90
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