(New York = Yonhap Infomax) Correspondent Seonyoung Jeong = The stock price of Tesla, an American electric vehicle company, soared despite poor performance in the first quarter.
Tesla stock price daily graph
Yonhap Infomax
According to the Yonhap Infomax stock current price (screen number 7219) at 8:44 a.m. on the 24th (local time), Tesla stock price was traded at $160.86, up $16.18 (11.18%) from the previous trading day in after-hours trading before the opening of the New York Stock Exchange.
Tesla announced yesterday that its first quarter sales declined for the first time in four years.
According to the performance report released by Tesla, Tesla’s first quarter sales were $21.31 billion (about KRW 29.3102 trillion), a 9% decrease from the same period last year ($23.329 billion).
In addition, Tesla is reported to have laid off approximately 6,000 employees in Texas and California.
Tesla’s stock price fell for 7 consecutive trading days starting on the 12th and then showed an upward trend for 2 consecutive trading days.
Some Wall Street experts slightly adjusted their investment opinions or target stock prices for Tesla.
Wedbush’s Dan Ives maintained a buy rating on Tesla stock, but lowered his target price from $300 to $275.
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This article was published on the Infomax financial information terminal at 21:59, two hours earlier.
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Tags: Tesla stock price rises market opening poor quarter performance International News Text article
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