Tesla Earnings: Live Updates on Sales, Profit Results, Analyst Call – Business Insider

Tesla reports first-quarter earnings on Tuesday.The EV maker has been under pressure after a reported pivot away from a low-cost vehicle model.The company\'s stock is down more than 40% in 2024.NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access

your favorite topics in a personalized feed while you\'re on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.AdvertisementTesla will report first-quarter earnings on Tuesday after the closing bell.The electric-vehicle maker has been under pressure to start 2024 amid reports it will scrap plans to produce a low-cost Model 2, and instead focus on autonomous driving and robotaxis. Wall Street didn\'t like that idea, pushing Tesla\'s already-struggling stock lower.The company has also been dealing with declining demand for its EVs, which has prompted a series of price cuts, the latest of which came on Monday.