Company News: Tesla (TSLA) quarterly results miss analysts’ expectations

Market news

25 April 2019

Company News: Tesla (TSLA) quarterly results miss analysts’ expectations

Tesla (TSLA) reported Q1 FY 2019 losses of $2.90 per share (versus -$3.35 in Q1 FY 2018), $1.93 worse than analysts’ consensus of -$0.97.

The company’s quarterly revenues amounted to $4.542 bln (+33.2% y/y), missing analysts’ consensus estimate of $5.177 bln.

TSLA fell to $255.50 (-1.22%) in pre-market trading.

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