Wednesday, January 30, 2019

Tesla Reports, Misses, Stock Slips (TSLA)

After an $11 burst of enthusiasm during the regular session the stock has given back $3.65 (-1.18%) ahead of the conference call.
Date Event Details
Jan 30, 2019
2:30 PM PST

Tesla, Inc. Q4 2018 Financial Results and Q&A Webcast

Tesla Fourth Quarter & Full Year 2018 Update 
 Q4 operating income stable compared to Q3 at $414M, operating margin of 5.7%
 Operating cash flow less capex improved from Q3 to $910M in Q4
 Cash and cash equivalents of $3.7B at Q4-end, increased by $718M in Q4
 Q4 GAAP net income of $139M impacted by $54M non-cash charge
 Model 3 GAAP and non-GAAP gross margin remained stable at >20% in Q4

More to come