Facebook Pops After Earnings, Tesla Slides

January 31, 2019
Facebook shares surged on Thursday morning after reporting a better-than-expected fourth quarter. The social media company posted record profit for the quarter, despite navigating several privacy scandals. Meanwhile, Tesla shares fell after the electric carmaker reported a mixed quarter. Elon Musk also told investors on the earnings call that Tesla's CFO Deepak Ahuja will be leaving the company.