Tesla stock tumbled after releasing earnings last week, and the shares were falling again on Tuesday. While the problem is more likely one of sentiment than anything fundamental, one analyst argues that a new regulatory disclosure shows it was even less profitable than it looked.
The back story. Tesla stock has dropped 28% in 2019, and its first-quarter earnings, which revealed a wider-than-expected loss helped knock the stock out of a range it had been stuck in for two years. CEO Elon Musk’s ongoing battle with the SEC... Subscribe or Sign In to continue reading.
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Tesla Earnings: What to WatchThe electric-car maker is expected to post an adjusted loss of $1.15 a share, according to a FactSet survey of analysts. The first-quarter slowdown also has analysts questioning whether there is as much demand for the Model 3 as once predicted. I demand it for half the price They ar effing expensive and if you don't own a house they are a nightmare to charge. Don't get me wrong they are nice cars not very practical for an average Joe Snuffy,but nice.
Source: WSJ - 🏆 98. / 63 Read more »
LIVE: Tesla is about to release Q1 earningsTesla is scheduled to report first-quarter earnings results after the market's close on Wednesday.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla misses big on first-quarter earnings as demand fell for electric carsAfter lackluster Model 3 deliveries, Tesla posted a wider-than-expected loss and less revenue than anticipated during the first quarter. Never store your crypto on any exchange ! It is not secured, Get a New Ledger Nano X today at discount price Demand fell for Teslas dawg...don’t conflate it! Did sales of total EV increase during the same period? Are consumers switching to other brands?
Source: CNBC - 🏆 12. / 72 Read more »
Twitter not amused by long wait for Tesla earningsTwitter was ablaze on Wednesday with humorous commentary and speculation over wh... Twitter users not amused by the long wait for realDonaldTrump twitter account to be suspended. Why can’t twitter say that for itself on twitter? How is this Reuter’s top news? Leave the lazy takes to the bloggers and social media interns. You’re supposed to be actual journalists.
Source: Reuters - 🏆 2. / 97 Read more »
Tesla misses big on first-quarter earnings as demand fell for its electric carsExecutives braced investors for another loss in the second quarter before returning to profitability in the second half of the year. The Pied Piper! BayAreaBS Q1HugeLoss ShortTSLA TraderSimon in the next two years tesla will face huge competition
Source: CNBC - 🏆 12. / 72 Read more »
Ford surpasses Tesla in market cap, as old and new automaker stocks diverge post earningsFord's big gains after its first quarter earnings lead the 116-year-old automaker to pass the market capitalization of Elon Musk's struggling electric car maker Tesla. The value of Tesla shares has fallen roughly 30% this year.
Source: CNBC - 🏆 12. / 72 Read more »
Tesla’s earnings were a ‘debacle,’ says longtime bull in scorching commentaryTesla Inc.’s first-quarter earnings and accompanying call with analysts was “one of (the) top debacles we have ever seen,” according to one longtime Tesla... But hey, insurance man
Source: MarketWatch - 🏆 3. / 97 Read more »
Tesla lost $700 million in the first quarter on Model 3 problemsAnalysts had expected Tesla earnings to fall sharply after a federal tax credit for Tesla vehicles diminished at the beginning of the year. Tesla... No internal combustion, but it certainly does have spontaneous combustion. serlindsipity Yea, electric cars
Source: washingtonpost - 🏆 95. / 72 Read more »
Elon Musk's most hated group of investors are ratcheting up their bets against Tesla ahead of the company's earningsThe billionaire Tesla CEO has long derided short sellers, whose bets are at the highest mark of 2019 so far ahead of Wednesday's quarterly earnings.
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Wall Street Expects Tesla Q1 Loss; Awaits Word On Company's Cash PositionTesla prepares to report earnings after a quarter full of mixed messages and volatile stock price action. It's true about the volatility. SandHillInsight
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