Motor vehicles

Tesla says it delivered about 63,000 vehicles in the first quarter of 2019, a 31% drop from Q4 2018

Tesla says it delivered about 63,000 vehicles in the first quarter of 2019, a 31% drop from Q4 2018

Tesla produced 77,100 vehicles in the first quarter of 2019, the company said on Wednesday. Analysts polled by Bloomberg were expecting total production to be 64,400 vehicles. Tesla‚Äôs stock price sank $0.39, or slightly more than 0.1%, in after-hours trading following the announcement. Tesla on Wednesday released total vehicle-production and delivery numbers for the first…


There are only 2 things you need to know about Tesla’s upcoming earnings

There are only 2 things you need to know about Tesla’s upcoming earnings

Tesla reports fourth-quarter and full-year 2018 earnings on Wednesday after the bell. After posting a blowout third quarter, with nearly $7 billion in revenue and a much fatter than expected profit, Tesla should pull back in Q4. But I’ve already over-complicated matters. There are essentially two things you know before the company reveals the numbers…