Will Tesla's (TSLA) Model S Suffer the Dreaded 'Madden Curse'? (GM)
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Tesla's (TSLA) Model S Named Motor Trend 2013 'Car of Year'
May 9, 2013 10:12 AM EDTOn the heels of strong Q1 earnings yesterday, Telsa (Nasdaq: TSLA) pleased investors when it receive favorable publicity by earnings Motor Trend's 2013 "Car of the Year". Not only did the Model S take the top spot, Motor Trend scored the vehicle 99 out of... More
Tesla (TSLA) Tops Q1 EPS by 8c; Expects to Exceed FY13 Delivery Target
May 8, 2013 4:33 PM EDT(Updated - May 8, 2013 4:38 PM EDT)
Tesla Motors, Inc. (NASDAQ: TSLA) reported Q1 EPS of $0.12, $0.08 better than the analyst estimate of $0.04. Revenue for the quarter came in at $562 million versus the consensus estimate of $492.02 million.
Gross margin improved 9 points to 17 percent.
Tesla is reaffirming prior guidance of a gross margin of 25 percent in Q4 2013, assuming zero ZEV credit revenue. The company said, "This may turn out to be greater than zero, but we are not counting on it. What really matters is improving fundamental... More
