Tesla loses $50 million in Q1, Model X could be delayed until 2015
The important numbers released today are $50 million and 7,535. The first is how much the company lost (on a GAAP basis) – using the non-GAAP method that Tesla prefers, it actually saw $17 million in net income – while the second is the number of cars it produced in the first three months of this fiscal year. Though the reported earnings per share of $0.12 exceeded the expectations of many analysts, it was less than some of the more rosier forecasts, and so the stock (TSLA) is taking a beating in the after hours market and has tumbled down 14.5 percent to $186.85 as of this writing.
Well, I hope they don't go under. I like their no middleman, dealership business model. I could care less about expensive electric cars.
If they went under, how could the cars be maintained? They aren't diesel or gas engine cars?
The important numbers released today are $50 million and 7,535. The first is how much the company lost (on a GAAP basis) – using the non-GAAP method that Tesla prefers, it actually saw $17 million in net income – while the second is the number of cars it produced in the first three months of this fiscal year. Though the reported earnings per share of $0.12 exceeded the expectations of many analysts, it was less than some of the more rosier forecasts, and so the stock (TSLA) is taking a beating in the after hours market and has tumbled down 14.5 percent to $186.85 as of this writing.
Well, I hope they don't go under. I like their no middleman, dealership business model. I could care less about expensive electric cars.
If they went under, how could the cars be maintained? They aren't diesel or gas engine cars?
but Ive saw a few in the area but not like you have though at all. You might be in the burbs though because in the city I don't see them like that at all. I've saw like 5/6 since they came out.
I didn't know that...I have seen a few driving around
