Tesla disappoints; Earnings parade; ECB takes center stage

London 1. Tesla bleeds: Even after delivering a record number of cars in its second quarter, Tesla is still bleeding money.

The electric carmaker said Wednesday that it lost $408 million during the three months ending in June, far worse than Wall Street had expected. Shares fell more than 10% in premarket trading.The loss was slightly less painful than the previous quarter, when Tesla lost $702 million.CEO Elon Musk also announced a key departure. J.B. Straubel, a founding member of the company, is stepping down from his role as chief technology officer and will become a senior adviser.

Who is Facebook paying the $5B too The users or government?

Mark, I’ll be waiting for my check. Thanks bud!

where is the money going .. i want to see 5 billion dollars accountable for some real good in this world.. not endless parties and oregies. beat hunger and poverty...

I am pissed because companies I’ve never heard of were running in the background & using my page/information to push their product. I tried to turn this feature off but it keeps reverting back & trying to delete one by one was impossible, too many.

Billionaires are a failure of capitalism

Do users of Facebook see that money or is it just a money grab for the government?

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Tesla set to report second-quarter earnings after the bellTesla is set to report second quarter earnings after the bell. Analysts expect revenue of $6.41 billion, losses per share of 40 cents, according to Refinitiv. Too soon elonmusk or too real?
Source: CNBC - 🏆 12. / 72 Read more »

Tesla is about to report 2nd-quarter earnings — here are 3 things to look forAnalysts expect Tesla to post a loss for Q2. Analysts also expect Tesla's revenue to rebound on improved Q2 vehicle deliveries. In a worst case scenario, I have Tesla at reporting a -$80 million loss, but in a best case, a $289 million gain: CivicScience has been tracking consumers’ attitudes toward Tesla since 2015, and the numbers from the past year highlight a resurgence for the brand. $TSLA
Source: BusinessInsider - 🏆 729. / 51 Read more »

This one number in Tesla's earnings report Wednesday will make or break the stock, Citi saysCitigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics. In a worst case scenario, I have Tesla at reporting a -$80 million loss, but in a best case, a $289 million gain:
Source: CNBC - 🏆 12. / 72 Read more »