
Nasdaq 100: Tesla Surges 5% Pre-Market as Musk Vows to Refocus After Weak Earnings
Sales incentives and low average sales prices weigh on profitability, and without $ 595 million in regulator credit, the auto business would have posted a loss. Tesla cited the production line update and a challenging macro environment for the decline. So why is the stock growing? Investors appear to be betting on the re -engagement…