Tesla’s Profit Beats Estimates, Revenue Falls Short

Tesla’s Profit Beats Estimates, Revenue Falls Short

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Business

University

Hard

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The earnings call highlighted Tesla's financial performance, noting a significant profit beat but a slight revenue miss. Despite Elon Musk's absence, executives emphasized the company's continued growth trajectory. Investors reacted to the revenue miss, causing a slight dip in stock prices, although the stock has risen significantly since April. Tesla's handling of supply chain challenges, particularly chip shortages, was also discussed, showcasing their technological adaptability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenge did Gene Munster highlight regarding Tesla's operations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Tesla managed to sell a significant number of vehicles despite supply chain issues?

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