Tesla’s share price dropped 6.1% on the second trading day of the year due to a delivery miss, with the company falling short of analysts’ expectations for Q4 2024. This marks the first time Tesla has missed quarterly delivery expectations in over a decade, causing a $175 billion decrease in market cap and a year-over-year drop in total deliveries for the first time since 2011. Despite the decline, Tesla remains one of the most expensive stocks, with a high P/E ratio and a valuation based on future success in autonomous driving technology.
Full Article
Core Labs Posts Flat Revenue in Q2
Core Laboratories (NYSE:CLB), a provider of reservoir optimization and production enhancement services, reported Q2 2025 earnings on July 23, revealing GAAP revenue of $130.2 million, surpassing expectations of $129.1 million, while adjusted EPS of $0.19 met consensus. Although there were operational improvements in international markets, revenue remained largely unchanged year-over-year. Want More Context? 🔎
Read more