3.8 • 950 Ratings
🗓️ 25 July 2025
⏱️ 20 minutes
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0:00.0 | Brian Stewart seeking Alpha's director of news. |
0:14.9 | Welcome back to another week of Wall Street Roundup. |
0:18.2 | Great to be here. Thanks a lot. |
0:19.6 | Our episode on investing experts yesterday was talking about waiting on tech earnings. |
0:25.9 | We've seen some of those come out, especially if you consider Tesla tech stock company. |
0:32.7 | Talk to us about what you're seeing. |
0:34.6 | Is that top of mind for you right now? |
0:36.5 | The earnings rolling in? |
0:38.5 | Definitely. This was the first week of really blockbuster type earnings after a little bit of a |
0:44.0 | lead-up. Last week, Tesla, like you point out, is one of the biggest names. Got a bit of a |
0:50.6 | rebuke from shareholders. It's down about 9% after its earnings. |
0:56.2 | Overall, bad report, but kind of expected that it would be bad. |
1:00.2 | Revenue is down 12%. |
1:01.3 | Unit sales down 14%. |
1:03.2 | Net income down 23%. |
1:05.0 | The thing that I think is chipping away at the company stock price today is the commentary from Elon Musk. |
1:15.3 | He warned of a few rough quarters ahead. |
1:17.5 | I think a lot of people had hoped that Tesla had already kind of bottomed in terms of the |
1:23.6 | political backlash and in terms of just the general core automotive business that that might |
1:30.6 | be returning to an upswing, I think that there's some signs that that might not be the case |
1:36.3 | that the investors should get ready for some bumpy waters ahead. Talk of Paris, margin |
1:42.4 | pressures, higher costs, just general economic worries along with |
... |
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