TSLA
$256.95
Tesla
($5.02)
(1.92%)
Earnings Details
2nd Quarter June 2019
Wednesday, July 24, 2019 4:48:00 PM
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Summary

Tesla Misses

Tesla (TSLA) reported a 2nd Quarter June 2019 loss of $1.28 per share on revenue of $6.3 billion. The consensus estimate was a loss of $0.52 per share on revenue of $6.4 billion. The Earnings Whisper number was for a loss of $0.44 per share. Revenue grew 58.7% on a year-over-year basis.

The company said in its shareholders letter it continues to expect positive GAAP earnings in the third quarter. The current consensus estimate is earnings of $0.27 per share for the quarter ending September 30, 2019.

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

Results
Reported Earnings
($1.28)
Earnings Whisper
($0.44)
Consensus Estimate
($0.52)
Reported Revenue
$6.35 Bil
Revenue Estimate
$6.38 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Tesla Releases Second Quarter 2019 Financial Results

PALO ALTO, Calif., July 24, 2019 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the second quarter of 2019 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 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.

What: Tesla Second Quarter 2019 Financial Results Q&A Webcast
When:Wednesday, July 24, 2019
Time: 3:30 p.m. Pacific Time / 6:30 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

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Source: Tesla, Inc.