Tesla Motors Inc (TSLA) – Big Downside In Q2

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HFA Staff
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Tesla Motors Inc (NASDAQ:TSLA) will announce its earnings report for the first three months of 2013 next Monday, and the market seems to be getting behind the company in a big way. Since the start of the year shares are up more than 65 percent, and the company has yet to show its first profit. Earlier in April, Tesla Motors Inc (NASDAQ:TSLA) gave guidance that it expected to report a profit for the first time on Monday, May 6. It’s likely that the company will do so, but that puts it under tremendous pressure heading into Q2. It’s common knowledge that more than…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.