Shares of NVIDIA Corp. fell 2.77% as the stock market experienced a poor trading session, with the S&P 500 Index dropping 0.28% and the Dow Jones Industrial Average falling 0.51%.
Tesla's lack of specifics on the Cybertruck, including its specs and starting price, has caused a decline in its stock value and uncertainty among analysts.
Shares of Walt Disney fell 3.9% on Thursday, closing at their lowest level in nearly nine years, as investors anticipate a further price drop due to concerns about the company's turnaround plan and weakness in the broader market.
HP's shares fell more than 8% after the company released disappointing fiscal third-quarter earnings, with weak PC pricing and concerns over the printing business impacting its outlook.
Shares of Tesla Inc. dropped 5.0% after the company reduced prices in China for the second time in two weeks, despite experiencing overall volatility this year.
The stock of Tesla dropped over 5% due to the launch of new hardware, but software may have been a bigger factor.
Shares of Tesla Inc. rose 2.7% to buck the trend of weakness in the electric vehicle market, as the stock looks to rally over 20% above its recent low.
Stocks fell in morning trading on Wall Street, with the S&P 500 down 0.7%, as big technology stocks and healthcare stocks experienced losses, while several companies made significant moves after reporting earnings and other updates.
Tesla's stock slid 1.78% as the overall stock market experienced a rough trading session.
Tesla stock experienced a decline, potentially due to market conditions or factors related to Munich.
Apple's stock fell nearly 4% and triggered a tech stock selloff after reports that China has expanded restrictions on iPhone use by government employees, leading to concerns about the financial impact of escalating tensions between the US and China.
U.S. stocks fell on Tuesday, with tech stocks dragging down indexes after Apple unveiled its latest iPhone and the Justice Department's antitrust case against Google went to trial in Washington. The Nasdaq sank 1%, while the S&P 500 fell 0.6% and the Dow Jones Industrial Average closed 0.1% lower.
Apple's stock dropped 7.2% in the week leading up to the iPhone 15 launch, the largest decline ever for an iPhone release, signaling investors' lack of enthusiasm for the company's stagnant growth compared to other S&P 500 companies.
Tesla's stock rallied 1.43% amidst mixed trading, closing $42.50 short of its 52-week high.
Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.
Starbucks Corp. shares dropped by 2.16% as the stock market took a hit, resulting in their third consecutive day of losses.
Shares of Sirius XM Holdings Inc. fell 0.49% on a rough trading day, marking the stock's second consecutive day of losses, but outperforming some of its competitors.
Tesla's stock fell after Barclays predicted that the company would fall short of delivery expectations, with analysts forecasting third-quarter deliveries of 455,000 units compared to the consensus forecast of 463,000 units.
Tesla stock is experiencing a decline due to the impact of China.
Tesla stock has received an upgrade despite falling 6.8% in September due to downgrades and estimate cuts, providing some positive news amidst concerns over delivery outlook.
Shares of Tesla Inc. rose 2.44% as the stock market had a favorable trading session, snapping a two-day losing streak.
Tesla missed market estimates for third-quarter deliveries due to planned factory upgrades, causing a 2.4% drop in its shares, although the company's target to deliver 1.8 million vehicles this year remains unchanged.
The Dow Jones Industrial Average dropped 150 points as the U.S. government averted a shutdown, while Tesla stock declined due to weaker-than-expected third-quarter deliveries.
Tesla stock surged 5.2% and cleared its 50-day line after investors showed optimism for a fourth-quarter rebound in deliveries and the launch of the Cybertruck, despite analysts cutting third-quarter EPS estimates ahead of Tesla's Q3 earnings.
Shares of Coca-Cola Co. fell 4.1% due to concerns about high interest rates and a slowing job market impacting the U.S. economy.
Tesla shares fell after the company lowered prices on its Model 3 and Model Y vehicles in the U.S. to boost demand, following lower-than-expected third-quarter deliveries.
Tesla's stock dipped by 1% after sales of its China-made electric vehicles decreased by 10.9% in September, with Model 3 and Model Y sales down 12% from August to September.
Tesla stock dropped after disappointing China delivery numbers, indicating that October will be a crucial month for the company.
Tesla's stock ended the latest trading session at $259.67, with a slight decrease of -0.33%, and analysts are closely watching the company's upcoming earnings disclosure, expecting a decrease in EPS but an increase in revenue compared to the previous year.
Tesla's market share in the electric vehicle (EV) market in the United States has fallen to its lowest ever, despite a price war, but the launch of its Cybertruck could reverse the trend, according to a report by Cox Automotive.
Tesla's share of the U.S. electric vehicle market has dropped to 50% as new competitors, including EV startups and legacy automakers, gain market share due to increased competition and the release of their own electric models.
Tesla is expected to report a drop in earnings per share for the third quarter, but analysts are hopeful for a rebound in deliveries in Q4 with the new Model 3 and Cybertruck launch.
Tesla's third-quarter profit estimates have dropped by almost 50% this year due to aggressive price cuts, but the stock continues to rise, adding over $420 billion in market value, creating conflicting signals about the company's future prospects.
Traders anticipate less volatility in Tesla stock following the release of the company's third-quarter results, with options pricing indicating a projected move of 5.6% in either direction, lower than the average historical move of 9.4% for the past five quarters.
Tesla's profits dropped by 44% in the third quarter due to significant price cuts, and CEO Elon Musk warned that the new Cybertruck model would take at least 18 months to become profitable.
Tesla's adjusted profit in the third quarter fell 37% compared to the prior-year quarter, with operating margin erosion and increased costs due to a price war and factory shutdowns impacting the company's performance.
Stocks fell as Treasury yields rose and investors reacted to a speech by Federal Reserve Chair Jerome Powell, with the Dow Jones Industrial Average down 0.75%, the S&P 500 falling 0.9%, and the Nasdaq Composite leading the losses with a nearly 1% drop; in other news, Netflix shares surged more than 16% after the company reported a surge in subscriber numbers and announced plans to raise prices in the US, while Tesla shares fell almost 10% after the company's earnings missed estimates.
Tesla's share price dropped by nearly 9% and Elon Musk's net worth decreased by $24 billion after the company's poor Q3 report and Musk's pessimistic remarks about the global economy.
Tesla's stock was up 79% for the year in 2023, but recent events and price cuts have led to a 15% drop from the previous week and a 24% drop from this year's high in July, affecting the company's profit margins.
Tesla's stock fell below a key level, indicating a possible longer-term downtrend, following disappointing earnings and a three-day losing streak.
