- July 27, 2021
- Posted by: Stratford Team
- Category: Business
Strategic Wealth Partners Luke Lloyd discusses Tesla stock on ‘Making Money’
Tesla CEO Elon Musk told investors Monday during the company’s second quarter earnings call not to expect him on future calls unless he has something major to announce.
“I will no longer default to doing earnings call,” Musk said, according to Bloomberg. “Obviously I’ll do the annual shareholder meeting, but I think that going forward I will most likely not be on earnings calls unless there’s something really important that I need to say.”
Ticker Security Last Change Change %TSLA TESLA, INC. 657.62 +14.24 +2.21%
One important thing Musk had to say during Monday’s call was that Tesla surpassed $1 billion profit in Q2 for the first time in the company’s history.
TESLA SURPASSES $1B PROFIT FOR FIRST TIME
The electric vehicle maker’s second quarter profit came in at $1.14 billion, or $1.02 per share, compared with $104 million or 10 cents a share a year ago, while total…
