Tesla (TSLA) has support at $140 which is where the 200 ema day
moving average.
Tesla Motors (TSLA): Q3 EPS of $0.12 beats by $0.01.
Revenue of $603M beats by $68M. (PR)
TSLA -7.9% AH.
Silence on 2014 production says a lot to some Tesla investors
Tesla Motors (TSLA) reports its gross margin was 22% in Q3
as it edges closer to a goal of a 25% rate by the end of the year.
Deliveries: Tesla delivered 5.5K Model S vehicles in Q3 to
beat its own guidance but fell short of some rosy estimates. The automaker
plans to deliver slightly under 6K vehicles in Q4 which would bring it to
21,500 deliveries for the year. (PR)
TSLA -8.5% AH with the lack of guidance (so far) on 2014
deliveries creating a ripple of worry.
Tesla Motors down over 10% after Q3 report
Tesla Motors (TSLA) says excluding the much-dissected ZEV
revenue it grew non-GAAP revenue by 18% Q/Q during Q3.
Development work on the Model X has accelerated which
accounted for some of the R&D spend.
The company thinks further gross margin improvements beyond
the targeted 25% mark are "likely" and sees Q4 capex spending of
$75M-$85M.
TSLA -10.1% AH as the automaker didn't quite dazzle with its
production numbers for Q3 and target for Q4 while staying mum on 2014 until the
conference call.