Tesla Motors Inc (TSLA) Reports Smashing Earnings

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HFA Staff
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Tesla Motors Inc (NASDAQ:TSLA) revealed its earnings report for the first three months of 2013 today, Wednesday May 8, after the market closed. The electric vehicle manufacturer showed earnings of $0.12 per share for the period on revenues of $562 million. On today’s market shares in Tesla Motors Inc (NASDAQ:TSLA) trended up, finishing the day at $55.75. Analysts following Tesla Motors Inc (NASDAQ:TSLA) were, by consensus, expecting the company to announce earnings of 3 cents per share for its first fiscal quarter. Revenue in the period was expected to come in at $493 million. Back in April, Tesla released a guidance revision…

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