Tesla misses on earnings, plans to ramp up Model 3 production (TSLA)
|01/31/2019||Posted by BusinessMediaguide.Com under General World News||
- Tesla is scheduled to report fourth-quarter earnings after Wednesday’s closing bell.
- Elon Musk, the electric-car maker’s CEO, warned investors and employees two weeks ago that pressure to achieve a profit and make the Model 3 more affordable led to more than 3,000 job cuts at the company.
- Shares of Tesla fell 2% in after-hours trading.
- Watch Tesla trade live.
Tesla is set to report its fourth-quarter results Wednesday afternoon, nearly two weeks after warning that the pressure to achieve a profit and make the Model 3 more affordable led to more than 3,000 job cuts.
Here’s what Tesla reported and read more >>>