Post-earnings recap
Reported
Wed, May 2, 2018
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
88%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Tesla's first-quarter earnings report shows a significant loss per share, which reflects ongoing production challenges. Despite the miss on EPS, the stock saw a slight increase of 0.41%, likely driven by investor optimism about future production improvements. The lack of guidance may leave some investors cautious as they assess the company's path forward.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $-3.35 | N/A | -2.86% |
Management acknowledged ongoing production challenges but emphasized their commitment to improving efficiency. They did not provide specific guidance for future quarters.
We are focused on ramping production and improving efficiency.
Challenges remain in meeting our production targets.