Tesla shares lower after the larger earnings loss

  • Tesla's earnings have come out at $-2.92 versus expectations of $-2.27.
  • Revenues were up slightly versus expectations at 2.98 billion versus 2.94 billion
  • Shares are trading down at around $313 per share.
  • 100,000 model X & S expected to be made by the end of the year.
  • Expect to produce 5000 Model 3 vehicles per week by late Q1