- Tesla stock fell 8% after the company reported third-quarter earnings that missed analyst expectations.
- Wall Street was unimpressed by the results and comments from Elon Musk about the future of the Cybertruck.
- Here’s how Wall Street analysts are reacting to Tesla’s third-quarter report.
Tesla stock dropped as much as 8% on Thursday as investors reacted to third-quarter results that missed analyst expectations, and some analysts are ringing the alarm bell.
Comments from Tesla CEO Elon Musk during the conference call didn’t reassure investors either, with Musk warning that the ramp-up of production for the Cybertruck will be incredibly difficult.
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