Musk had said on that January call:"I'm optimistic about being profitable in Q1. Not by a lot, but I'm optimistic about being profitable in Q1 and for all quarters going forward."Tesla is shuttering most of its stores as the company switches to an online-only sales model
During the second half of 2018, Tesla posted the first consecutive quarterly profits in its history, though it failed to meet Wall Street's expectations for its fourth-quarter earnings. The automaker posted adjusted earnings of $1.93 per share on $7.23 billion in revenue during the fourth quarter. Wall Street analysts had expected adjusted earnings of $2.10 per share on revenue of $7.1 billion.
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Elon Musk said Tesla will probably not be profitable in the first quarter of 2019Tesla CEO Elon Musk said on Thursday that the automaker will likely not be profitable in the first quarter of this year. There will be time when tesla finally caves in and decides to use sweatshops in asia to lower the production cost. If you hire me, I think I might be able to change that elonmusk 👊🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla finally launches $35,000 Model 3, and moves all sales onlineTesla’s Thursday announcement turned out to be making good on its longstanding promise to offer a Model 3 for $35,000. Sounds to me like a bunch of short sellers cutting their loses short before the bull horns do real damage
Source: MarketWatch - 🏆 3. / 97 Read more »
Elon Musk thinks layoffs will keep Tesla profitable as $35,000 Model 3 arrivesNearly three years after Elon Musk promised a $35,000 Model 3 electric car, Tesla Inc. has finally delivered. Now, the question is about the promise of profitability Musk has been making for the past few months. Finally! But let's wait for the ratings.
Source: MarketWatch - 🏆 3. / 97 Read more »
Tesla stock slides after Elon Musk warns it won't be profitableThe guidance comes the same afternoon as Tesla said the $35,000 version of its Model 3 was finally available for pre-order. Going out of business sale!! This is the time to get in I think , especially after his tweet about the production in 2019
Source: BusinessInsider - 🏆 729. / 51 Read more »
Elon Musk says Tesla will soon start selling its $35,000 Model 3Musk promised the low-cost version three years ago. 2016 story re-print. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Serial liar
Source: latimes - 🏆 11. / 82 Read more »
Elon Musk plans to announce some Tesla news on Thursday — here’s what Wall Street is expectingThe billionaire's spat with the SEC has created a buying opportunity, one analyst said. Tesla AI is running for President! Mmm something interesting sure
Source: BusinessInsider - 🏆 729. / 51 Read more »
Meet Elon Tusk: Tesla chief changes Twitter display nameTesla Inc Chief Executive Officer Elon Musk changed his Twitter display name to ... Breaking news what's the elephant in the room? Another 'tusk 'n cheek' tweet ? ! Must be in a good mood about the news he will announce tomorrow? (sure hope it is significantly good).
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Cramer: Elon Musk should be removed from Tesla as CEO for attacking the SECElon Musk should be removed from Tesla as CEO for his comments to the Securities and Exchange Commission, CNBC's Jim Cramer contended Tuesday. Musk goes after the SEC 'as if it's funny,' Cramer said on 'Squawk Box.' 'If this guy is going to attack the SEC, how about removing him? He attacked the SEC.' MadMoneyOnCNBC The SEC attacked him and he has a right to defend himself. MadMoneyOnCNBC didn't remove you after your bad calls on Bear Stearns 10 years ago. Yes jimcramer, we all remember. and now you're advocating the removal of a CEO for criticizing the SEC? get real. MadMoneyOnCNBC For once in his life permabull Cramer talking some sense
Source: CNBC - 🏆 12. / 72 Read more »