Tesla rises after Q1 gross margin beats estimates
ReutersApr 22, 2025 8:24 PM
Tesla TSLA.O shares rise 1% to $240.14 in extended trading
The electric automaker beat first-quarter total gross margin estimates as sales in its more profitable segments - services and energy storage - registered strong growth
Total Q1 gross margin of 16.3% in Q1 vs estimates of 15.82%- LSEG
Co misses estimates for Q1 revenue; reported revenue of $19.34 billion vs analysts' average estimate of $21.11 billion
Analysts' average rating for TSLA is "hold"; their median PT is $302.50- LSEG
TSLA down ~41.1% YTD
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