Baird Says Focus on Telsa (TSLA) Production Ramg and LT Goals, Not Q2 Miss
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Tesla (TSLA) Moves to Session Highs
August 4, 2016 1:56 PM EDTTesla (NASDAQ: TSLA) moves to the highs of the session following EPS after the close. Shares are up 1.6% after opening down modestly.
... MoreTesla posts another loss, but says on track for future deliveries
August 3, 2016 4:11 PM EDT(Editor's note: This story may contain language in paragraph 9 that may offend some readers)
By Anya George Tharakan and Alexandria Sage
SAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) reported a steeper than expected quarterly loss on Wednesday on higher spending at its vehicle and battery factories, and said adjusted profitability could be within sight if the company meets its delivery goals.
The 13th straight quarterly loss for the Silicon Valley electric carmaker underscores the financial hurdles that hamper it while it takes on increasingly ambitious goals... More
Tesla (TSLA) Posts Q2 Loss of $1.06/Share; Deliveries Were 14,402 Units
August 3, 2016 4:03 PM EDT(Updated - August 3, 2016 4:05 PM EDT)
Tesla (NASDAQ: TSLA) reported Q2 EPS of ($1.06), $0.50 worse than the analyst estimate of ($0.56).
Revenue was $1.3 billion, versus the consensus of $1.62 billion.
In Q2, we delivered 14,402 new vehicles consisting of 9,764 Model S and 4,638 Model X, which was slightly higher than what we stated in our July announcement. Model S remains the market share leader in North America and Europe among all comparably priced four-door sedans, and Model X is quickly gaining ground against similarly priced SUVs in all... More
