Esrnings report Q1
It seems as if investors are relieved that the earnings report was not as bad as feared.
We are seeing Tesla stock rise +5% after numbers got reported. Revenue of $ 21.3 billion dropped -9% compared to last year but EPS was not too bad with 45 Cents for the first quarter.
The company is working on the margin improvement by cutting costs and wants to launch more affordable models of his EVs.
Last but not least: Tesla is still hodling Bitcoin worth more than $ 700 million, which I think will improve their balance sheet further once the bullrun unfolds.