Summary
Tesla Misses
Tesla (TSLA) reported a 2nd Quarter June 2018 loss of $3.42 per share on revenue of $4.0 billion. The consensus estimate was a loss of $2.93 per share on revenue of $4.0 billion. The Earnings Whisper number was for a loss of $2.90 per share. Revenue grew 43.5% 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
($3.42)
Earnings Whisper
($2.90)
Consensus Estimate
($2.93)
Reported Revenue
$4.00 Bil
Revenue Estimate
$3.96 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Tesla Releases Second Quarter 2018 Financial Results
PALO ALTO, Calif., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the second 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 Second Quarter 2018 Financial Results Q&A Webcast |
| When: | | Wednesday, August 1, 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.
