reports its earnings on Wednesday, and analysts expect the company to swing to a loss after two straight profitable quarters.probably wouldn't post a profitable Q1, and markets have been pricing in a loss.Tesla might also have sold emissions credits to mitigate the loss.Tesla reports first-quarter earnings after the bell on Wednesday. After a second half of 2018 in which Tesla finished in the black, Wall Street is expecting a money-losing quarter.
That makes sense. Tesla delivered around 250,000 vehicles in 2018. Those vehicles were priced between $50,000-$150,000. Carmakers enjoy huge amounts of cash sloshing through their businesses, and now that Tesla has captured about 3% US market share, it can expect the same.
1. Revenue, revenue, revenue 2. Cash 3. Emission-credit sales Saved you a click and a read 😎 SummarizedIt