Major US EVs $Tesla(TSLA.US)$Is4/24 5:00 Japan timeupon2024 Q1 financial results are scheduled to be announced。
According to market consensus, Tesla's first quarter sales compared to the same period last year$22.521 billion, down 3.46%, EPS compared to the same period last year$0.44, down 39.48%It is expected.
Tesla in 2024 had a rough start. A decrease in the number of car deliveries was expected to drag profits, and intentions such as personnel cuts due to sluggish demand and intensifying competition were also conveyed. Due to a series of bad news in recent months, Tesla's stock price has fallen by nearly 40% year to date, making it the worst performing major stock this year.
Due to the decline in demand for electric vehicles in general and the intensification of competition from China, the company's quarterly profit declined 40% from the same period last year in the 23/Q4 financial results reported in January, and sales growth also stopped at 3%, which is lower than expected. Also, the number of car deliveries in the first quarter, which was revealed at the beginning of the month, declined sharply compared to the same period last year, which is a nightmare figure for the company. The EV giants are facing a difficult year.
Slowing EV demand and shrinking profit margins
The number of car deliveries for the first quarter announced by Tesla on the 2nd of this monthSame year as last year...

Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 40369.44 yen, 201.37 yen higher than the previous business day
● Japanese stocks rebounded, and I liked the strong US economic indicators - I bought resource-related stocks, etc.
●End of electricity and gas subsidies will push up prices in Japan - Bank of Japan policy is complicated
● Private sector survey on 2806 items of food price increases in April, sausages, etc.
●Kobayashi Pharmaceutical - rapid backstage press conference starts around 14:00
● Attention to the handle: $Kobayashi Pharmaceutical(4967.JP)$、 $Rohm(6963.JP)$etc
-MooMoo News Japan Stock Zeber
Market Overview
Today's Nikkei Stock Average ended at 40369.44 yen, 201.37 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2768.62, 17.81 points higher.
Top news
Japanese stocks rebounded, and they liked the strong US economic indicators - they bought resource-related stocks, etc.
The Tokyo stock exchange rate rebounded on the 29th. The confirmed value of US consumer sentiment has been raised to a high level since July 21, and the median market forecast...