Published on 1 Feb 2025 on Benzinga
Tesla Inc. TSLA, owned by Elon Musk, experienced an 8% surge in its stock following an earnings miss, leaving JPMorgan analysts scratching their heads.
What Happened: JPMorgan analyst Ryan Brinkman was left perplexed by Tesla’s stock performance. Despite a 38% shortfall in earnings before interest and taxes and the lowest profit margin in years, Tesla’s shares soared.