Tesla Stock Closes Lower After Earnings
Tesla stock dropped 3.5%, down almost $15, and closed at $416.57 on Thursday, following the company’s Wednesday evening fourth-quarter earnings report.
There was nothing wrong with the report per se. In fact, most analysts were encouraged by better-than-expected automotive profit margins and details provided about robo-taxi expansion plans for 2026.
Tesla shares still dropped, but not by that much. Options markets implied shares would move about 5%, up or down, following earnings. The fact that shares moved less than that shows investors that nothing truly surprising happened.