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

What’s Next in Security: Wendi Whitmore’s Forecasts for 2025 Cyber Threats & Technologies

Wendi Whitmore, Chief Security Intelligence Officer at Palo Alto Networks, as she unpacks the top cybersecurity predictions.

Figure’s Nasdaq Debut Signals Strong Appetite for Real‑World Asset Finance

Figure CEO Michael Tannenbaum talks IPO raising ~$787.5M and share jump on debut, spotlighting surging demand in blockchain‑powered finance.

From Seedlings to Sustainability: Vita Coco Co-Founder on Eco‑Forward Path

Mike Kirban on how Vita Coco is shaping the future of beverages with sustainable sourcing, clean labeling and environmental impact tied to growth.

Mortgage Relief or Mirage? Where Rates Leave Homebuyers Today

Scott Trench, host of the BiggerPockets Money Podcast, explores how recent rate cuts, high borrowing costs, and mortgage rates are reshaping U.S. real estate.

Navigating Volatility: A Deep Dive into Today’s Supply Chain Trends

A look into how disruption, AI, and global economic trends are transforming the modern supply chain with Jeremy Jansen, Head of Supply Chain at Wells Fargo.

Inside the AI Bubble: Appian CEO Matt Calkins on Hype, Reality, and What’s Next

Appian CEO Matt Calkins explores where we are in the AI hype cycle, why enterprise adoption is lagging, and how regulation could reshape the future.

Innovation in the Skies: Inside Delta’s Green Tech Journey

Delta CSO Amelia DeLuca reveals at the Fast Co. Innovation Festival how tech, sustainable aviation fuel, and smart operations are revolutionizing air travel.

Using ICE’s Futures and Options Markets to Manage Risk

Chris Rhodes, President of ICE Futures Europe, discusses the current energy and interest rate landscapes.

YouTube Stars Colin & Samir’s Blueprint: Expert Insight on Content Creation

Colin & Samir break down YouTube’s $100B payout to creators and explore why nearly a third of Gen Alpha want to be YouTubers — plus what that means for you.

Big Business This Week: Is the Fed boxed in by rising unemployment?

Is the Fed boxed in between inflation and rising unemployment?

Load More