The electric-car manufacturer still doesn't meet the S&P's positive net income criteria.
Tesla has reported a net profit for its past three quarters. The company posted a profit of $143 million in third quarter 2019, $105 million in fourth quarter 2019, and $16 million in first quarter 2020, according to company filings.10 big money managers shared with us their favorite hidden gems in the market, and the contrarian trades they're making amid the pandemic
Tesla may have to wait until the third quarter if analyst estimates for upcoming second quarter earnings are accurate. Analysts surveyed by FactSet expect a second quarter loss of $387 million, according to The Wall Street Journal.
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Brought 3 $TSLA today :))
A company funded with taxpayer support listed on the S&P 500❓Dont think it qualifies.
But what about the last year of stories? Tons of tweets! About Elon being ousted at Tesla, and the company losing its value and doom and gloom? Does your news team have any past credibility? I said goodnight madam.
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