Tesla (TSLA) Jan. China Sales Said to Completely Miss Expectations
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(Updated - February 10, 2015 3:34 PM EST)
Tesla (NASDAQ: TSLA) Jan. China sales said to be well below expectations, according to Reuters.
UPDATE - Sources have told Reuters that Tesla sold just 120 Model S sedans in China last month. The results may cause CEO Elon Musk to fire overseas executives.
More information should be available on Wednesday night, when Tesla is expected to post Q4 results. The Street is looking for EPS of $0.31 with revenue of $1.23 billion, fro EPS of $0.33 and revs of $615 million reported in the same period last year.
Some analyst have also trimmed Q4/FY14 delivery estimates on a mismanaged launch in China.
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