Tesla (TSLA, Financial) experienced a stock price drop of 0.93%, trading at $399.57 per share with a volume of 67.74 million shares and a turnover rate of 2.11%. The stock showed a price fluctuation of 5.61%. Recent financial reports reveal revenue of $25.182 billion, a net profit of $2.167 billion, and earnings per share of $0.68. The company’s gross profit stood at $4.997 billion, with a P/E ratio of 109.59. Among 57 rating institutions, 44% recommend buying, 32% suggest holding, and 24% advise selling.
In the broader automotive manufacturing sector, there was a slight decline of 0.06%. Notable gainers in the sector included Fly-E Group, Inc., Srivaru Holding Limited, and Canoo, with Srivaru Holding showing a high turnover rate of 18.06%. Stocks with significant price fluctuations included Srivaru Holding, Gogoro Inc, and Faraday Future Intelligent Electric, with amplitudes of 66.67%, 47.00%, and 30.63% respectively.
Tesla, a…
