$Tesla Motors(TSLA)$ TESLA rep

$Tesla Motors(TSLA)$ TESLA reported a big drop in quarterly profits on Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.

Tesla reported profits of US$1.1 billion, down 55 per cent from the year-ago quarter on revenues of US$21.3 billion, down nine per cent as the company described EV sales as “under pressure.”

But shares rocketed up more than 11 per cent in after-hours trading after Tesla pledged to “accelerate” new more affordable autos - something Wall Street analysts have been clamouring for.

Waiting Tesla 😀

Which Stocks Always Surprise You?

Some stocks always manage to surprise during boring days or when their prices decline. Which stock is your delightful surprise in stock market? Will NVIDIA, which is set to release its earnings tonight, bring surprises?

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