Started By
Message

re: Investing In Tesla

Posted on 7/24/19 at 4:32 pm to
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 7/24/19 at 4:32 pm to
Tesla announced brutal second quarter results after the market closed today reporting larger than expected losses by almost 200%. It’s stock is down 10% in after-hours trading.

quote:

Tesla plunged 10% in extended trading after posting a larger-than-expected loss on Wednesday in a second quarter earnings update.

Here’s what Tesla reported, versus what analysts expected based on average estimates compiled by Refinitiv:

-Loss per share on an adjusted basis: $1.12 vs. 40 cents expected

-Revenue: $6.35 billion versus $6.41 billion expected


LINK
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99182 posts
Posted on 7/24/19 at 4:57 pm to
woof
Posted by blowmeauburn
Baton Rouge
Member since Sep 2006
7890 posts
Posted on 7/24/19 at 5:00 pm to
lol. How much longer is Musk able to hold on? The board will have to do something at some point of this thing is over.
Posted by bayoubengals88
LA
Member since Sep 2007
18998 posts
Posted on 7/24/19 at 5:01 pm to
What’s the problem here? Sales just suck?

I’d have to think twice if we see $180 again.
This post was edited on 7/24/19 at 5:01 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram