Tesla Motors Inc (TSLA): Q3 2013 Financial Results Scheduled For November 5

Posted Oct 17, 2013

Tesla Motors Inc (NASDAQ:TSLA) will be announcing their Q3 2013 financial results after the market closes on Tuesday, November 5, 2013. Tesla’s management will host a live Q&A webcast at 2:30PM Pacific Standard Time (5:30PM Eastern Standard Time) to discuss their financial and business results along with the company outlook.

There will be a lot of ears on this call because Tesla actually reported a loss in their last quarter.  Back in August, Tesla Motors reported a $30.5 million loss on $401.5 million in revenues.  Tesla Motors delivered 5% more vehicles in the second quarter to a record 5,150 Model S sedans, which was up from 4,750 in the first quarter.  Analysts are expecting Tesla to deliver over 21,000 Model S sedans for the year.

Tesla’s stock price is up over $45 today from August 7, which is the day that they announced their last quarter results.  On May 8 of this year, Tesla recorded their first profit with record revenues.