Tesla's Losses Expected To Grow On Model 3 Delays

The day after Tesla and SpaceX CEO Elon Musk blasted his Tesla Roadster into space, his electric car company's mounting losses are set to bring him back to Earth again. Tesla Inc. is expected to lose $3.15 per share for the fourth quarter, according to analysts polled by FactSet. The Palo Alto, California-based automaker is struggling to meet production targets for its first mass-market car, the Model 3 sedan.

Topics:  spacex ceo elon musk   tesla roadster   earth   tesla inc   factset   palo alto   california-based   model   tesla   losses   expected   production   lose   year   company   share   car   
BING NEWS:
  • Top 6 Humanoid Robot Companies To Consider As A New Trend Potentially Takes Off
    Discover the booming global market for humanoid robots set to reach $38 billion by 2035. Click for a full review of current humanoid robotics firm developments.
    04/22/2024 - 4:37 am | View Link
  • Tesla shares drop on price cuts in run-up to earnings
    Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street concerns about dwindling margins at the electric-vehicle maker in the run-up to its earnings ...
    04/22/2024 - 12:03 am | View Link
  • Tesla Is Still Overvalued, Don't Bet On Its Robotaxi
    Tesla, Inc.'s overvaluation persists as it plans a robotaxi rollout amid intensifying competition affecting the valuation gap. Click for my TSLA update.
    04/19/2024 - 7:15 am | View Link
  • Tesla’s Stock Losses Accelerate. It’s Laying Off Workers and Losing Key Executives.
    Demand has been a problem for Tesla in 2024. The company delivered about 387,000 vehicles in the first quarter, down almost 9% year over year and below Wall Street’s lowest delivery estimate by some ...
    04/15/2024 - 6:15 am | View Link
  • Tesla’s New Model 3 Ludicrous Got a Ridiculously Sleek Makeover
    While we first saw the upcoming EV still under wraps, eventually we got a full view of what’s expected to be the upgraded Model 3. We’re unsure if Tesla will bring back the Ludicrous branding ...
    04/2/2024 - 12:59 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News