Tag: quarter

  • Tesla Sets Record for EV Deliveries, but Losses and Solar Shrinkage Endure

    Tesla Sets Record for EV Deliveries, but Losses and Solar Shrinkage Endure

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    Tesla presented mixed results in the second quarter of 2019, including a delivery list of 95,356 electric vehicles and document deployments of its energy storage products.  However, Tesla's solar company has turned into a shadow of its former self, and the firm 's worse-than-expected loss spooked investors Thursday. The company ended the quarter with $5…

  • Tesla rebounds from bad first quarter by setting new record for deliveries

    Tesla rebounds from bad first quarter by setting new record for deliveries

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    After a slow start to the year, Tesla announced Tuesday that it made and delivered a record number of cars in the second quarter of 2019. The electric automaker produced 87,048 vehicles in the quarter, and delivered “approximately 95,200,” after having finished the first quarter of the year with some 10,000 cars listed as “in…

  • U.S. Storage Market Sets Power Capacity Record with Q1 Deployments

    U.S. Storage Market Sets Power Capacity Record with Q1 Deployments

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    The U.S. energy storage industry installed a record quantity of power capacity in the first quarter of 2019. The 148.8 megawatts of new grid storage capacity represented a 232% growth over Q1 2018, according to the most recent edition of the Energy Storage Monitor report created by Wood Mackenzie Power & Renewables and the Energy…

  • EV Demand Cliff or Just a Blip? Tesla Deliveries Plummet 31% in First Quarter

    EV Demand Cliff or Just a Blip? Tesla Deliveries Plummet 31% in First Quarter

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    Electric vehicle pioneer Tesla announced its first quarter delivery numbers last night — and the news is not good.  After pulling out all the stops to deliver a record 90,700 automobiles last quarter, Tesla delivered only 63,000 cars this past quarter. That’s a drop of 31 percent; below the company’s below and moving-target advice analysts&rsquo expectations.  Bloomberg's Model…

  • Tesla Scores Another Profitable Quarter With Stable Margins and Improved Cash Position

    Tesla Scores Another Profitable Quarter With Stable Margins and Improved Cash Position

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    Tesla CEO Elon Musk just contributed the quarterly earnings forecast in a”pivotal year” with continuing gains, steady margins, improved cash-on-hand and an optimistic prognosis for 2019.  Musk called it the”most successful year in Tesla history” using the firm asserting an”80 percent market share of all electric vehicles in the U.S.” He expects Tesla's”nutty” development rate…

  • Will There Be Profits? A Guide to Tesla’s Crucial Earnings Call

    Will There Be Profits? A Guide to Tesla’s Crucial Earnings Call

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    After the bell, Tesla will reveal the facts of its own fourth-quarter financials — and perhaps offer some visibility. We should get the details of earnings, margins, gains (if any) and money flow at a make-or-break juncture for the industry-disrupting electric-vehicle builder.  Back in August, Tesla CEO Elon Musk said, “I really wish to emphasize that…

  • Tesla is outselling many of its luxury rivals, but it still lags behind Mercedes, BMW, and Lexus (TSLA)

    Tesla is outselling many of its luxury rivals, but it still lags behind Mercedes, BMW, and Lexus (TSLA)

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    Thomson Reuters Tesla shown on Wednesday that it”delivered almost 70,000″ cars and SUVs in the US during the third quarter of 2018.  Tesla’s Q3 delivery overall puts the company on par with its luxury contests. Audi, Acura, also Infiniti were outsold in the US by Tesla throughout Q3 2018.  But, Lexus, Mercedes-Benz, also BMW sold…

  • Tesla Surprises With Profitable Q3 on Great Model 3 Margins

    Tesla Surprises With Profitable Q3 on Great Model 3 Margins

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    Tesla only released monetary results for what it’s called”a truly historic third quarter,” with $312 million in GAAP net income driven by an unexpectedly robust 20 percentage gross margin over the Model 3.      CEO Elon Musk promised that Tesla would be profitable in the last half of the season — and he is halfway…