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Tesla Q1 earnings preview
April 21, 2025 10:00 AM EDTTesla (NASDAQ: TSLA) is expected to post a drop in first-quarter profits as weak vehicle deliveries and lower operating leverage pressure margins, according to a preview from Wells Fargo.
The firm maintained its Underweight rating and $130 price target on the stock.
We are forecasting Q1 EPS of $0.34, below consensus of $0.42, Wells Fargo wrote, citing lower leverage on the very low volumes.... More
