Danni Hewson: AJ Bell financial advisor on Tesla experiencing historic revenue drop

from Best of Business · host Newstalk ZB

New reports show Tesla is experiencing a steep decline in profits and revenue - but the company's shares jumped 10 percent. The electric vehicle manufacturer posted a lower-than-expected $21.3 billion in revenue and 55 percent decline in profit from the first quarter of 2023. AJ Bell financial advisor Danni Hewson says investors believe CEO Elon Musk aims to focus more attention on Tesla, with more projects in the pipeline. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on April 24, 2024.

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