Summary

Tesla Beats

Tesla (TSLA) reported a 1st Quarter March 2018 loss of $3.18 per share on revenue of $3.4 billion. The consensus estimate was a loss of $3.44 per share on revenue of $3.1 billion. The Earnings Whisper number was for a loss of $3.60 per share. Revenue grew 26.4% on a year-over-year basis.

Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.

Earnings Release

Tesla Releases First Quarter 2018 Financial Results

PALO ALTO, Calif., May 02, 2018 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the first quarter of 2018 by posting the current Update Letter on its Investor Relations website. Please visit http://ir.tesla.com to view the letter.

As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the results and outlook.


What:									Tesla First Quarter 2018 Financial Results Q&A Webcast
When:									Wednesday, May 2, 2018
Time:									2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time
Shareholder Letter:									http://ir.tesla.com
Webcast:									http://ir.tesla.com (live and replay)

The webcast will be archived on the company’s website following the call.

Investor Relations Contact:ir@tesla.comPress Contact:press@tesla.com

Source: Tesla, Inc.