Market Overview

UPDATE: Tesla Reports Wider Q3 Loss

Share:
Related TSLA
The Futurist Scorecard: A Look At (Almost) Everything That Interests Elon Musk Besides Building Cars
Implied Volatility Surging for J P Morgan (JPM) Stock Options
The Vetr community has downgraded $TSLA to 2.5-Stars (Vetr)

Tesla Motors (NASDAQ: TSLA) reported a wider third-quarter loss on Monday.

Tesla Motors posted a quarterly loss of $110.8 million, or $1.05 per share, versus a year-ago loss of $65.1 million, or $0.63 per share. Excluding one-time items, it lost $0.92 per share.

Its sales declined to $50.1 million from $57.7 million. However, analysts were expecting a loss of $0.89 per share on sales of $55.7 million.

Tesla Motors shares closed at $28.92 on Friday.

Posted-In: lossEarnings News

 

Related Articles (TSLA)

View Comments and Join the Discussion!