Tesla posts small profit but misses Wall Street estimates

Tesla posts small profit but misses Wall Street estimates

5 years ago
Anonymous $Dftgs0JzgE

https://www.sfchronicle.com/business/article/Tesla-posts-small-profit-but-misses-Wall-Street-13575122.php

Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates. Now it faces the difficult task of sustaining that profit while facing a major debt payment amid slowing demand for pricier versions of its electric vehicles.

The Palo Alto company posted net income of $139.48 million (78 cents per share) from October through December. It reported two straight quarters of profit for the first time since going public in 2010.

Tesla posts small profit but misses Wall Street estimates

Jan 31, 2019, 12:46am UTC
https://www.sfchronicle.com/business/article/Tesla-posts-small-profit-but-misses-Wall-Street-13575122.php > Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates. Now it faces the difficult task of sustaining that profit while facing a major debt payment amid slowing demand for pricier versions of its electric vehicles. > The Palo Alto company posted net income of $139.48 million (78 cents per share) from October through December. It reported two straight quarters of profit for the first time since going public in 2010.