Tesla Loss Is Wider Than Expected (20%!)

These results pre-date the now famous NYTimes test drive.

“The electric-car maker reported a fourth-quarter non-GAAP net loss of 65 cents per share on revenue of $306.3 million. A year earlier, the company lost 69 cents per share on just $39 million in sales.”

Read more at Yahoo Finance.

About these ads

4 responses to “Tesla Loss Is Wider Than Expected (20%!)

  1. Non-GAAP ?!?! Reporting non-GAAP is a red flag. Are the GAAP numbers worse?

  2. GAAP = Generally Accepted Accounting Principles. In other words, ‘we fudged the numbers in a way nobody else would and it still looks bad’.

  3. What is lost per unit is made up for in volume. Yeah, right!!!!!!!!

  4. The only way electric cars will ever be accepted by the general public is when they can recharge batteries as fast as filling up an ICE car with gasoline.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s