Tesla Motors Rolls Over Q2 Sales, Profit Forecasts

By | July 31, 2014

Scalper1 News

Tesla Motors made roadkill of Wall Street’s second-quarter estimates late Thursday, thanks to continued strong demand for its luxury electric cars in the U.S. and overseas. But Tesla (TSLA) stock fell fractionally late on a scheduled production hiccup from the transition to a new assembly line that will limit profitability. During the regular session, Tesla slid 2.5% to 223.30. The Palo Alto, Calif.-based company earned 11 cents a Scalper1 News

Scalper1 News