Tesla Stock Drops Hard As Q1 Delivers Little Juice

By | May 8, 2014

Scalper1 News

Tesla Motors (TSLA) stock dropped 10% by midafternoon Thursday after the automaker issued a middling first-quarter report Wednesday night. Shares of the electric-car maker had plunged after-hours Wednesday and opened about 9% down Thursday. Tesla beat analysts’ consensus earnings and revenue estimates, and delivered 6,457 Model S sedans in Q1, slightly ahead of its guidance for 6,400. But Tesla CEO Elon Musk said in a shareholder letter that he Scalper1 News

Scalper1 News