Your Daily Brief For July 21st

Your Daily Brief For July 21st

4 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at Tesla's latest quarterly results.

"Tesla's been selling cut-price cars lately, and its second-quarter profit margins fell as expected. But Elon Musk appeared relaxed: he's focused on selling as many cars as possible now and worrying about profit later."

Key takeaways:

  • Tesla’s price cuts weighed on margins, but Musk’s relaxed
  • American Airlines posted bumper quarterly results as it benefited from the travel boom
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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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