Thursday, July 25, 2019

Tesla’s Quarterly Loss Surprises No One, Stock Rightfully Tanks

To the surprise of nobody, Tesla reported a loss this past quarter along with a ton of cash burn. Let’s look at the headline numbers and then parse why this is another disaster for Tesla, no matter what the bulls say. Ugly Numbers Tesla lost $1.12 per share versus the expected loss of $0.31 per […]

The post Tesla’s Quarterly Loss Surprises No One, Stock Rightfully Tanks appeared first on CCN Markets



source https://www.ccn.com/news/teslas-quarterly-loss-surprised-no-one-not-even-elon-musk/2019/07/24/

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