Share on StockTwits

Tesla Motors did not disappoint investors as it delivered yet another set of solid results. During the quarter, the company’s revenues stood at $620.5 million, up from $615.2 million in the fourth quarter. The net income stood at -$50 million, or a loss of 40 cents a share. The automaker produced 7,535 Model S vehicles and delivered a total of 6,457 vehicles, outpacing its own guidance.

“Tesla Earnings Review: Profits Decline But Tesla Still On Track To Meet Full-Year Targets” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.