Tesla Releases Second Quarter 2019 Financial Results
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July 25, 2019 7:42 AM EDT
JMP Securities analyst Joseph Osha lowered the price target on Tesla (NASDAQ: TSLA) to $337.00 (from $347.00) while maintaining a Market Outperform rating following the company's 2Q. Tesla reported results for the second quarter that were generally in line with expectations in terms of... More
July 25, 2019 7:31 AM EDT
Barclays analyst Brian Johnson reiterated an Underweight rating and $150.00 price target on Tesla (NASDAQ: TSLA). Although the push to move cars led to record deliveries, neither revenues nor EPS were anywhere near a record.
Some bullish investors might have anticipated a modest... More
July 24, 2019 4:50 PM EDT
Tesla (NASDAQ: TSLA) reported Q2 EPS of ($1.12), $0.72 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $6.35 billion versus the consensus estimate of $6.41 billion.
OUTLOOK
This quarter, we are simplifying our approach to guidance. We are most focused on expanding our manufacturing footprint in new regions, launching new products and continuing to improve the customer experience, while generating and using cash... More
