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Tesla Stock Plummets After Net Income Falls 45%; Tech Outage Caused by “Bug”: Crowdstrike | Business Matters Full Broadcast (July 24)
Tesla stock plummeting a day after posting 2nd quarter earnings. Car sales, its main business, down 9 percent year-over-year, at 18.5 billion dollars. Higher costs did not help: net income down 45 percent, at 1.5 billion. CEO Elon Musk immediately addressing this in the earnings call.
Crowdstrike says a “bug” caused the global tech outage last week. Delta says delays and cancellations will be resolved on Thursday. FTA determined to investigate.
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Tesla stock plummeting a day after posting 2nd quarter earnings. Car sales, its main business, down 9 percent year-over-year, at 18.5 billion dollars. Higher costs did not help: net income down 45 percent, at 1.5 billion. CEO Elon Musk immediately addressing this in the earnings call.
Crowdstrike says a “bug” caused the global tech outage last week. Delta says delays and cancellations will be resolved on Thursday. FTA determined to investigate.