Tesla Reported Earnings and Says It Will Be Better About Meeting Production Deadlines

Tesla reported earnings after the bell today. The company beat on EPS with $-3.04 versus estimates of $-3.12 and met on revenue with $3.29 billion. The company focused on Model 3 production numbers. Tesla said it is expected to produce 2,500 cars per week by the end of the first quarter and 5,000 Model 3 cars a week by the end of the second quarter. Cash burn did slow for the company in the latest quarter. But Tesla also reported that it would spend more money in 2018 than it did in 2017.

More In Business

Big Business This Week: Oracle soars as it cashes in on the AI boom

Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?

Why are Marvel movies losing more money, lately?

Ever since Disney paid $4 billion for the Marvel franchise in 2009, their movies have been making less and less money. What’s going on?

The Man Studios Listen To: Kevin Goetz on Testing 3,000+ Films at Screen Engine

Kevin Goetz, CEO of Screen Engine, shares how testing 3,000+ films—including Barbie—helps studios shape stories audiences love.

Scaling Prefab with AI: Dextall CEO Aurimas Sabulis Tackles Housing Crisis

Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.

Home Prices Continue to Rise Despite Declining Sales

U.S. home sales slowed to their weakest pace in nearly 14 years, with rising mortgage rates and affordability concerns affecting market activity.

Jobs Report Underwhelms as Job Growth Stalls

Mark Hamrick of Bankrate helps make sense of the jobs report despite inflation but warns that uncertainty around tariffs could disrupt growth.

How you too can become a Hollywood insider at a test screening

Anyone can sign up to attend a test screening before a movie is completed.

Big Business This Week: Why does the Fed’s independence matter?

Trump wants interest rates to plummet to make borrowing cheaper and boost growth. Fed chair Jerome Powell and his allies say not so fast, they need to bala

Crunch Fitness President On Navigating Fitness with AI and the GLP‑1 Revolution

Crunch Fitness President Chequan Lewis talks how gyms are adapting to GLP‑1 weight‑loss drugs, integrating AI-powered workouts and embracing new fitness trends.

BetMGM’s Bold Playbook: CEO on Betting Season, App Upgrades & Industry Expansion

Adam Greenblatt, BetMGM CEO, shares insights on football betting forecasts, the booming sports wagering industry, and the game‑changing enhancements to the app.

Load More