About this pageTesla profits: Inventory surges as Musk says inexpensive EV nonetheless in Tesla’s futureLast Up to date: Apr 23, 2024 at 9:27 pm ETTesla reported Q1 profits after the shut of buying and selling Tuesday, appearing a pointy drop in benefit and earnings. MarketWatch broke down effects and statement from Elon Musk, who reiterated {that a} lower-cost EV continues to be in Tesla’s plans.