Tesla stock surges 12% despite falling short on Q1 earnings. Investors optimistic about future revenue, backed by upgraded rating and positive catalysts.
Heineken NV reported 7.2% revenue growth in Q1 FY24, driven by 4.3% volume growth and 4.9% increase in net revenue per hectolitre. Beer volume increased 4.7% organically across all regions, beating market expectations. Company expects low- to high-single-digit operating profit growth in FY24.
Polestar Automotive reportedly accelerates production diversification beyond China amid escalating geopolitical tensions. CEO Ingenlath reveals plans to expedite exports to Europe, targeting Polestar 3 from South Carolina.