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cliffvb

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cliffvb

Re: CPTMatt post# 51830

Wednesday, 08/01/2018 4:44:11 PM

Wednesday, August 01, 2018 4:44:11 PM

Post# of 118687

TSLA up despite losses being larger than expected. I swear this stock has at least 99 lives which is why I stopped shorting it.

Tesla Earnings: Shares up 3% Despite Disappointing Bottom Line -- Barron's Blog
4:26 pm ET August 1, 2018 (Dow Jones) Print
By Teresa Rivas

Shares of Tesla (TSLA) are higher in late trading after the auto maker reported a mixed second quarter.

Tesla reported a loss of $3.06 a share, missing analyst forecasts for a loss of $2.88 a share, on sales of $4 billion, which was just ahead of predictions for $3.99 billion. Model 3 gross margins turned slightly positive in the quarter, and the company reaffirmed plans to be profitable in the third and fourth quarters.
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