Tesla Disappoints

BREAKING: Tesla announced first-quarter earnings per share of 27 cents. Wall Street was looking for 36 cents. Sales were $19.3 billion, a little worse than estimates of $20.1 billion. Stock is below $238 per share post market

NOTE: Strip out regulatory credits, net interest income and also adjust for the “other” loss, and operations generated a pre-tax loss of ~$200 million in the first quarter

Tesla Omits Return to Growth Forecast From Earnings Report

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