Tesla Up 19% & Announcement tomorrow - finance.yahoo - Ford Inside News Community
 
LinkBack Thread Tools
post #1 of 2 (permalink) Old 04-01-2013, 06:54 PM Thread Starter
2b2
Mercury C557
 
2b2's Avatar
 
Join Date: Mar 2007
Location: N NW of Atlantis (Reno)
Posts: 22,734
Blog Entries: 6
Tesla Up 19% & Announcement tomorrow - finance.yahoo

Tesla shares up 19 pct. as company sees 1Q profit - finance.yahoo
Tesla Motors shares rise 19 pct. as electric car company predicts net profit in first quarter

By The Associated Press


DETROIT (AP) -- Shares of electric car maker Tesla Motors Inc. jumped more than 19 percent Monday after the company said sales are running ahead of schedule and it will post a first-quarter net profit.

The Palo Alto, Calif., company said Sunday night that first-quarter sales have exceeded 4,750 Model S sedans, above prior guidance of 4,500. Previously the company said it would be slightly profitable in the first quarter, excluding noncash option and warrant expenses.

Shares of Tesla were up $7.35, or 19.4 percent, to $45.24 in morning trading Monday. Earlier in the session the shares hit a record high of $45.47.

"There have been many car startups over the past several decades, but profitability is what makes a company real," Tesla co-founder and CEO Elon Musk said in a statement. "Tesla is here to stay and keep fighting for the electric car revolution." ...

...In February, Musk said his company plans to pay back a 10-year, $465 million U.S. Energy Department loan in half the time required by the government.

But last week he hinted that payment may be coming even sooner. He said on Twitter that he is "going to put my money where my mouth is" in a major way. An announcement of some sort is coming on Tuesday...

.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
2b2 is offline  
Sponsored Links
Advertisement
 
post #2 of 2 (permalink) Old 04-01-2013, 07:18 PM
FIN Moderator
 
nruggiero's Avatar
 
Join Date: Jul 2010
Location: Metairie, LA
Posts: 2,106
Re: Tesla Up 19% & Announcement tomorrow - finance.yahoo

Congrats, Tesla!
nruggiero is offline  
Sponsored Links
Advertisement
 
Reply

Tags
19%, announcement, financeyahoo, tesla, tomorrow

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Ford Inside News Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome