Company News: Tesla (TSLA) posts smaller-than-expected Q4 loss

Market news

8 February 2018

Company News: Tesla (TSLA) posts smaller-than-expected Q4 loss

Tesla (TSLA) reported Q4 FY 2017 loss of $3.04 per share (versus -$0.69 in Q4 FY 2016), beating analysts' consensus estimate of -$3.15.

The company's quarterly revenues amounted to $3.289 bln (+43.9% y/y), generally in-line with analysts' consensus estimate of $3.261 bln.

TSLA fell to $343.80 (-0.35%) in pre-market trading.

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