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Wednesday, 05/04/2016 6:31:22 AM

Wednesday, May 04, 2016 6:31:22 AM

Post# of 88405
$TSLA : http://www.wsj.com/articles/tesla-is-heading-straight-for-a-speed-trap-1462298643#:m_IXCv10AxFXpQ

Tesla bulls may face tough short-term reality with quarterly results, WSJ says
Tesla bulls will soon face difficult short-term reality, as years of promise of a long-term road to prosperity may soon come to a head, Steven Russolillo says in the Wall Street Journal's Ahead of the Tape column. Tesla has reported losses for years and has spent billions of dollars, and its hopes hinge on the new Model 3, which is not expected to ship until late 2017, the column notes. Until the Model 3 launches, the company's quarterly results "won't be pretty," Russolillo writes. Though the company is receiving hundreds of thousands of preorders for the Model 3, the car maker's underlying financial condition, namely its cash burning, are garnering less attention, the report says

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