22-02-2017 22:12 via feedproxy.google.com

Tesla reports smaller loss than expected, beats on revenues (TSLA)

Tesla on Wednesday reported a smaller-than-expected loss for the fourth quarter and topped expectations for revenues. 
The electric-car maker lost $0.69 per share on an adjusted basis, less than Wall Street's expectation for a loss of $1.04, according to Bloomberg. Its revenues totaled $2.28 billion ($2.13 billion forecast.)
This was the first earnings release since shareholders approved the electric-car maker's acquisition of SolarCity — a $2.6 billion d
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