Tesla’s earnings show is more cautious — and yes, boring — without Elon around

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MarketWatch First Take

Published: Oct. 20, 2021 astatine 9:27 p.m. ET

Tesla CEO Elon Musk was missing from the company’s net telephone Wednesday.

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Tesla Inc. was much cautious Wednesday successful some its shareholder missive and its league call, its archetypal since Chief Executive Elon Musk bowed retired of the quarterly net show, and it whitethorn person outgo the stock.

The electric-vehicle shaper reported grounds third-quarter net and gross Wednesday, but shares inactive declined 1.6% successful after-hours trading. Tesla disclosed that spot shortages, larboard congestion and different supply-chain issues were hurting its quality to marque arsenic galore cars arsenic it could sell, and toned down its forecasts...

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