Tesla (TSLA) says Jason Wheeler will be the new CFO - Conf. Call
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Tesla (TSLA) Names New CFO, New Global Sales and Service President
November 3, 2015 5:43 PM ESTTesla (NASDAQ: TSLA) announced that Jason Wheeler will be Tesla's next Chief Financial Officer and Jon McNeill has joined as President of Global Sales and Service.
Jason joins Tesla after 13 years at Google Inc. -- of Alphabet (Nasdaq: GOOG) (Nasdaq: GOOGL) -- where... More
Tesla's bullish production outlook drives stock higher
November 3, 2015 4:18 PM ESTBy Alexandria Sage and Devika Krishna Kumar
SAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) promised to speed up production of its electric cars after a strong rollout of its Model X SUV, lifting its stock by more than 9 percent even as it posted its biggest loss in 10 quarters.
Orders are accelerating for both the luxury crossover Model X and the 3-year-old Model S sedan, the company said on Tuesday. It estimated shipping 17,000 to 19,000 vehicles in the current quarter, up from 11,603 in the third quarter.
"We don't see any fundamental... More
Tesla (TSLA) Misses Q3 EPS by 2c; Delivered 11,603 Vehicles
November 3, 2015 4:03 PM EST(Updated - November 3, 2015 4:05 PM EST)
Tesla (NASDAQ: TSLA) reported Q3 EPS of ($0.58), $0.02 worse than the analyst estimate of ($0.56). Revenue for the quarter came in at $963.8 million versus the consensus estimate of $1.26 billion.
The company said China was strong: "In China, our newest major market, Q3 Model S orders increased substantially from Q2, due in part to the opening of two new retail locations. We expect order growth in China to remain strong with more store openings and the recent policy changes in Beijing and other major cities that allow buyers of Tesla... More
