Tesla reported one of its worst losses on record as the auto maker struggles with delivering the Model 3 compact car
Tesla Inc. reported one of its worst quarterly losses on record, wider than Wall Street was expecting, as the auto maker’s struggles with delivering the Model 3 compact car have raised questions about the rosy growth projections of Chief Executive Elon Musk.
The Silicon Valley electric car maker on Wednesday posted a $702 million loss attributable to common shareholders for the first quarter, about even with a year earlier. On an adjusted basis, the loss was $2.90 a share; analysts surveyed by FactSet were expecting a loss...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla stock falls after car maker misses first-quarter estimatesTesla posts a wider-than-expected first-quarter loss, and reports revenue that misses forecast.
Read more »
Tesla investors await updates from Elon Musk on service, the Shanghai factory and Model 3 marginsTesla investors await updates on service improvements, the Shanghai Gigafactory and Model 3 margins.
Read more »
Tesla boosts range of Model S to 370 milesTesla has announced its two priciest electric car models will now come with an even longer range. That could help attract new buyers after the company reported a sales slump.
Read more »
Tesla lost $700 million in the first quarter on Model 3 problemsAnalysts had expected Tesla earnings to fall sharply after a federal tax credit for Tesla vehicles diminished at the beginning of the year.
Read more »
Tesla is investigating why a Model S appeared to explode in a Shanghai parking garageVideo on Weibo showed the parked car smoking before bursting into flames
Read more »
Wall Street Expects Tesla Q1 Loss; Awaits Word On Company's Cash PositionTesla prepares to report earnings after a quarter full of mixed messages and volatile stock price action.
Read more »
Tesla upgrades Model S, X cars, brings backs cheaper variantsTesla Inc, struggling with delay in delivery of its higher-priced Model S and X ...
Read more »
Lucid Motors names former Tesla Model S chief engineer as CEOElectric carmaker Lucid Motors on Tuesday named Peter Rawlinson, former chief en...
Read more »
Tesla earnings: The big question is how big is the quarterly lossQuarterly results could be an ‘outright disaster’ at Tesla amid concerns about margins and demand for the Silicon Valley car maker, which reports April 24...
Read more »
Tesla investigates viral video of Model S exploding in parking lotThere have been at least 14 instances of Tesla cars catching fire since 2013, with the majority occurring after a crash.
Read more »