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Tesla Motors (TSLA) Sees FY12 Sales Well Below Street; Issues Q3 Warning; Cites Model S Sales
September 25, 2012 6:35 AM EDTTesla Motors (Nasdaq: TSLA) issued the following guidance update:
Consistent with our anticipated slower ramp in production and customer deliveries, we now anticipate revenue for 2012 of $400 to $440 million, primarily reflecting a decrease in the number of Model S vehicles we plan to deliver in 2012. We also believe that third quarter revenue will be in the range of $44 to $46 million, reflecting lower deliveries of Model S as well as the deferral of revenue associated with development services.
*** The Street is at $542.6 million, and $83.03 million, respectively.
In the third quarter of 2012,... More
Tesla (TSLA) Files 4.3M Common Prospectus; CEO Musk Looks to Acquire 33K Shares
September 25, 2012 6:31 AM EDTTesla Motors, Inc. (Nasdaq: TSLA) filed a preliminary prospectus with the U.S. SEC to sell, from time to time, up to 4,344,930 shares of its Common Stock.
From the 424(B)(5) filing: "Mr. Elon Musk, our Chief Executive Officer, Product Architect and... More
Tesla Motors (TSLA) Files $150M Common Shelf
September 25, 2012 6:28 AM EDTTesla Motors, Inc. (Nasdaq: TSLA) filed a registration with the U.S. SEC to sell, from time to time, up to $150 million of its Common Stock.... More
