Click Photo to Enlarge
Tesla (TSLA), reported Q1 earnings after the bell today, surprisingly squeezing $16 million dollar profit. Beat the street estimates of -.36 a share by reporting 1.24 EPS with revenues of 5.9 Billion. The company has negative free cash flow of $895 million. Of course, like most companies, Tesla walked backed guidance for deliveries because of the COVID-19 Pandemic. Instead of maybe going up a few bucks, it went parabolic in the after hours session. Take a look for yourself at the 2 minute chart above. Elon Musk went on a profanity ridden tirade in the earnings call, slamming the shelter in place orders in the Bay Area.
Have a listen yourself here: Tesla Q1 Earnings Call
Disclosure: This is not intended to be investment advice. Entertainment purposes only, please do your own due diligence before investing. I have no position in the above stock.
No comments:
Post a Comment