tesla profits
Tesla Motors Reports $74 Million Net Loss in 2013
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Tesla moved a total of 6,892 Model S vehicles in the fourth quarter of 2013, but it wasn’t enough to keep the company out of the red, registering a GAAP net loss of $16 million and a full-year loss of $74 million.
Tesla Stock Price Drops Following Third-Quarter Loss
Tesla just revealed its Q3 financial results and investors aren’t responding positively to the news that the company posted a $38 million loss. Their stock is down around 10 percent, as the company reported adjusted earnings of just $0.12 per share.
