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

This AI-Powered Laser Is Eliminating Weeds, No Chemicals Required

AI-powered lasers are helping farmers eliminate weeds without chemicals. Carbon Robotics CEO Paul Mikesell explains the technology shaping farming.

The Future of Fame: Inside TIME's 2026 TIME100 Creators List

TIME Editorial Director Lucy Feldman breaks down the 2026 TIME100 Creators list, the evolution of the creator economy, and what's next for digital media.

The AI Arms Race in Language Learning: How Babbel Plans to Stand Out

As AI transforms language learning, Babbel CEO Julie Hansen explains why technology works best alongside human connection, culture, and community.

The Odyssey's Record Run: What It Means for Hollywood

Can blockbuster movies and streaming thrive together? Paul Dergarabedian breaks down The Odyssey's record box office, Netflix's earnings, and Hollywood's future

The Entrepreneur Who Built Two Billion-Dollar Brands Shares His Secrets

Entrepreneur John Paul DeJoria discusses building Paul Mitchell and Patrón, overcoming adversity, giving back, and the lessons from his new memoir.

The Fed, AI, and Earnings: What's Driving Wall Street Now?

BMO Wealth Management's Carol Schleif breaks down inflation, Fed policy, earnings, AI investment, and where investors may find opportunities in today's market.

Big Business This Week: How AI-Driven Attrition is Quietly Reshaping the Workforce

What if the biggest AI-driven employment trend doesn’t show up in the data until it’s already happened?

What Happens When a Driverless Car Needs a Pit Stop?

Aseon Labs CEO George Kalligeros explains how robotic pit stops could keep autonomous vehicle fleets charged, serviced, and on the road 24/7.

OpenAI vs. Apple: The AI Fight That Could Change Everything

Fast Company's Christopher Zara breaks down the OpenAI-Apple legal battle, the AI chip race, and what's next for the future of artificial intelligence.

The AI Robots Changing Recycling Forever

Glacier CEO Rebecca Hu-Thrams explains how AI-powered robots are making recycling smarter, reducing landfill waste, and transforming the future of waste.

Load More