Reported 2 days ago
Tesla, Inc. (TSLA) has recently gained attention in the stock market, with a +4% return in the past month compared to the S&P 500's +1.9%. However, earnings estimates have been revised downward, leading to a Zacks Rank of #4 (Sell), indicating potential underperformance against the broader market. The current earnings estimate is $0.47 for the quarter, with a year-over-year decline of 34.7%. Revenue growth is also expected to decline this quarter, making potential investors cautious about buying.
Source: YAHOO