23 Feb '17, 2am

Tesla reports Q4 results, says Model 3 rollout on track

Tesla Inc. has released its fourth quarter and full year full-year results and assured investors that it is on schedule to produce its long-awaited Model 3 electric car. Tesla Inc. is ramping up spending before the launch of the Model 3, leading to a reported net loss of $121.3 million in the fourth quarter. Tesla reported revenue of $2.3 billion in the fourth quarter, topping Wall Street’s target of $2.18 billion and an increase of 88 percent from $1.2 billion in 2015. An increase in vehicle deliveries — up 27 percent to 22,252 from 17,478 — helped drive the surge in revenue. The automaker said it is on track to begin Model 3 output in July with deliveries beginning in the second half of 2017. Tesla temporarily halted production at its Fremont, Calif., plant this month to prepare for the Model 3, and began test vehicle production this week. The company plans to produce 5,...

Full article: http://electriccarsreport.com/2017/02/tesla-reports-q4-re...

Tweets

@greentechmedia

greentechmedia.com 23 Feb '17, 5pm

Tesla CEO Elon Musk told shareholders on Wednesday afternoon that the company is on track to start initial production of t...

Tesla Model 3 timing confirmed: first cars in J...

greencarreports.com 23 Feb '17, 12am

John Voelcker Feb 22, 2017 Follow John Add to circle Tesla Model 3 design prototype - reveal event - March 2016 Enlarge Ph...

News: Tesla Model 3 timing, 2017 VW e-Golf rang...

greencarreports.com 23 Feb '17, 4pm

Stephen Edelstein Feb 23, 2017 2017 Volkswagen e-Golf Enlarge Photo Today, Tesla confirms plans to deliver the first Model...

Short Sellers Have Lost ~$2 Billion On Tesla In...

cleantechnica.com 26 Feb '17, 9pm

The thing about Tesla stock, which the short sellers don’t seem to grasp, is that many of those investing in the company a...

Elon Musk Talks About Tesla Model 3 Production Ramp

Elon Musk Talks About Tesla Model 3 Production ...

gas2.org 23 Feb '17, 4pm

The company declined to speculate how many cars a week it would be building by the end of the year, largely because such p...

Equity Management #3 : The Dividend Discount mo...

thefinance.sg 23 Feb '17, 12am

One of the fundamental building blocks taught in the CFA is the dividend discount model or DDM. In Chapter 4 of the Equity...

Will Tesla Model 3 be most 'made in America' ca...

greencarreports.com 24 Feb '17, 5pm

Stephen Edelstein Feb 24, 2017 Tesla Model 3 Enlarge Photo For some buyers, where a car is made can be as important as the...

2017 Transgrancanaria Results

irunfar.com 26 Feb '17, 6pm

ran in the back half of the top ten all day holding sixth for the last third of the race. Benoît Girondel of France was br...

2016 Tesla Model X electric SUV first drive by Model S owner

2016 Tesla Model X electric SUV first drive by ...

greencarreports.com 27 Feb '17, 2am

Its maker is doing a great job these days of quarantining the new 2016 Tesla Model X electric crossover SUV from unwanted ...

Will Tesla Model 3 be most 'made in America' ca...

greencarreports.com 24 Feb '17, 4pm

Stephen Edelstein Feb 24, 2017 Tesla Model 3 Enlarge Photo For some buyers, where a car is made can be as important as the...