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Tesla In Rough Shape Before Earnings

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Tesla In Rough Shape Before Earnings

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Entertainment (now)

3 Views • May 03, 2018

Description

Electric car maker Tesla is set to report first quarter earnings after the closing bell Wednesday. Wall Street is expecting a loss of $3.42 per share for what one analyst called "the most critical time in Tesla's history." Analysts expect the electric-car maker to announce an adjusted loss of $3.42 per share. Recently Tesla was hit with a lawsuit from an aptly named competitor, Nikola Motor. The hydrogen-powered truck maker alleges Tesla stole certain patented design elements for its semi truck.