Categories Crypto Trading Tips

Tesla earnings call: CEO gives warning about global economy troubles

Popular Tesla boss, Elon Musk has reportedly adjusted earnings for stocks of his company.

Tesla reported adjusted earnings of 66 cents per share versus 73 cents expected.

Total operating margin came in at 7.6%, down significantly from the year-ago quarter’s figure of 17.2%.

During the company’s earnings call, CEO Elon Musk expressed caution about the state of the global economy and said the company’s focused on making its cars more affordable.

However, on X, according to fresh reports, the boss is thinking about raising costs of basic and premium users.

Tesla is always known as one who constantly sparks issues of interest.

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