Summary
Tesla Misses
Tesla (TSLA) reported a 1st Quarter March 2017 loss of $1.97 per share on revenue of $2.7 billion. The consensus estimate was a loss of $0.67 per share on revenue of $2.5 billion. The Earnings Whisper number was for a loss of $0.91 per share. Revenue grew 135.1% on a year-over-year basis.
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.
Results
Reported Earnings
($1.97)
Earnings Whisper
($0.91)
Consensus Estimate
($0.67)
Reported Revenue
$2.70 Bil
Revenue Estimate
$2.52 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Tesla Releases First Quarter 2017 Financial Results
PALO ALTO, CA--(Marketwired - May 3, 2017) - Tesla (TSLA) has released its financial results for the first quarter of 2017 by posting the current Update Letter on its 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 2017 Financial Results Q&A Webcast
When: Wednesday, May 3, 2017
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.
