Tesla, SpaceX and Twitter owner Elon Musk met with two top White House officials to discuss how the automaker and Democratic President Joe Biden could work together to advance electric vehicle production and accelerate electrification. of US transportation networks

Tesla shares rise for second day amid news of Musk’s meeting with Biden’s team

Reuters was the first to report on the talks.

Following Musk’s Friday night meeting with senior adviser to the president Joe Biden on clean energy innovation, John Podesta, and Mitch Landrieu, who oversees infrastructure investment, Tesla shares rose several points.

Earlier in the week, they rose in price following the release of the company’s financial statements on January 25, in which several indicators beat Wall Street forecasts.

For example, revenue came in at $24.32bn (+37% yoy) even though analysts had expected $24.16bn, and earnings per share (EPS) turned out to be $1.19, even though experts had expected $1.13. Dollars.

In addition, operating profit increased by 49% (to $3.9 billion) and EBITDA by 32% (to $5.4 billion).

Thus, for January 26 and 27, Tesla’s stock value rose by about 10%: 5% after the financial statements were released and 5% after the summit news.

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Source: invest.com

Author:

Ekaterina Alipova

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

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