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Tesla (TSLA) announces Model S sales of more than 4,750 units, exceeding mid-February guidance...

Tesla (TSLA) announces Model S sales of more than 4,750 units, exceeding mid-February guidance of 4,500. As a result, the company ups Q1 earnings guidance, now expecting to be profitable on both a GAAP and non-GAAP basis. The small battery option for the Model S will not enter production due to lack of demand. (PR)
Comments (4)
  • weekendmoe
    , contributor
    Comments (138) | Send Message
     
    A bit disappointing as we know Tesla is producing 500+ a week now.

     

    But then at least Q2 2013 will be way better than Q1!
    1 Apr 2013, 06:35 AM Reply Like
  • pat1000
    , contributor
    Comments (450) | Send Message
     
    dear weak
    not disappointing at all as only 4500 were projected for the first quarter---this is great news as the co is also now totally profitable----
    1 Apr 2013, 07:01 AM Reply Like
  • weekendmoe
    , contributor
    Comments (138) | Send Message
     
    I agree it`s positive compared to their goal, but when we know from a couple of sources that they`re producing 500+ a week now, we`re looking at about 6500 cars produced in Q2. That makes Q1 look weak, even though I agree it`s actually quite good!

     

    Both GAAP and non GAAP profitable is great. Shorts will suffer, as I`ve known a loooooong time.....
    1 Apr 2013, 07:55 AM Reply Like
  • joenjensen
    , contributor
    Comments (637) | Send Message
     
    How about that, It's Mon. 4/1 Elon is coming through and he hasn't said a word yet. What do you Nay Sayers say now? Well ????
    1 Apr 2013, 11:53 AM Reply Like
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