• Company News: Tesla (TSLA) quarterly results beat analysts’ estimates

Market news

3 May 2018

Company News: Tesla (TSLA) quarterly results beat analysts’ estimates

Tesla (TSLA) reported Q1 FY 2018 net losses of $3.35 per share (versus -$1.33 in Q1 FY 2017), better than analysts' consensus estimate of -$3.53.

The company's quarterly revenues amounted to $3.409 bln (+26.4% y/y), beating analysts' consensus estimate of $3.300 bln.

TSLA fell to $286.80 (-4.77%) in pre-market trading.

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