Why Tesla Shares Are Trading Higher By Over 10%; Here Are 20 Stocks Moving Premarket

Shares of Tesla, Inc. (NASDAQ:TSLA) rose sharply in today's pre-market trading following first-quarter results.

Tesla posted weaker-than-expected earnings and sales results for its first quarter on Tuesday. The electric vehicle giant also announced plans to speed up the launch of new models.

Tesla shares jumped 10.6% to $160.01 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) shares gained 49.4% to $0.2276 in pre-market trading after gaining over 8% on Tuesday.
• Zapata Computing Holdings Inc. (NASDAQ:ZPTA) gained 30.8% to $2.04 in pre-market trading after declining 10% on Tuesday.
• WiMi Hologram Cloud Inc. (NASDAQ:WIMI) gained 17.2% to $0.85 in pre-market trading after gaining around 5% on Tuesday.
• InMed Pharmaceuticals Inc. (NASDAQ:INM) climbed 14.3% to $0.3120 in pre-market trading.
• AudioEye, Inc. (NASDAQ:AEYE) rose 11.8% to $15.07 in today's pre-market trading after the company reported better-than-expected first-quarter financial results.
• ABVC BioPharma, Inc. (NASDAQ:ABVC) shares gained 11.8% to $1.51 in pre-market trading after jumping 30% on Tuesday.
• Pineapple Energy Inc. (NASDAQ:PEGY) shares gained 10.6% to $0.0626 in pre-market trading after gaining 24% on Tuesday.
• Tungray Technologies Inc. (NASDAQ:TRSG) shares rose 9.5% to $6.25 in pre-market trading after falling 22% on Tuesday. Tungray Technologies announced closing of initial public offering.
• Texas Instruments Incorporated (NASDAQ:TXN) shares gained 7% to $177.05 in pre-market trading following upbeat first-quarter results.

Losers

• Evotec SE (NASDAQ:EVO) fell 34.7% to $5.09 in pre-market trading after reporting fiscal year 2023 results.
• Bluejay Diagnostics Inc (NASDAQ:BJDX) declined 20% to $0.50 in pre-market trading.
• Mawson Infrastructure Group Inc (NASDAQ:MIGI) fell 15.8% to $1.27 in pre-market trading.
• Complete Solaria Inc (NASDAQ:CSLR) shares fell 14% to $0.37 in pre-market trading after gaining over 10% on Tuesday.
• Tiziana Life Sciences Ltd – ADR (NASDAQ:TLSA) fell 12.3% to $0.68 in pre-market trading. Tiziana Life Sciences recently announced FDA allowance for additoinal patients to be enrolled in an intranasal foralumab multiple sclerosis expanded access program.
• Ostin Technology Group Co Ltd (NASDAQ:OST) shares declined 11.7% to $0.44 in pre-market trading after gaining 25% on Tuesday.
• Neo-Concept International Group Holdings Limited (NASDAQ:NCI) fell 11.4% to $8.42 in pre-market trading after jumping over 137% on Tuesday. The company priced its IPO at $4 per share.
• Nukkleus Inc (NASDAQ:NUKK) shares fell 11.3% to $0.85 in pre-market trading after adding 7% on Tuesday.
• Equinox Gold Corp. (NYSE:EQX) fell 9.8% to $5.16 pre-market trading. Equinox Gold entered into a binding share purchase agreement with certain funds managed by Orion Mine Finance Management LP to acquire Orion’s 40% interest in Greenstone Gold Mine GP Inc., giving Equinox Gold 100% ownership of the Greenstone Mine in Ontario, Canada.
• Enphase Energy, Inc. (NASDAQ:ENPH) fell 7.3% to $105.18 pre-market trading after the company reported worse-than-expected first-quarter financial results and issued second-quarter revenue guidance below estimates.

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