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Chart Forum: Tesla Motors could be active off earnings report

CMC Markets

Tesla has been trading sharply lower in US after hours sessions after the automaker released its latest earnings report. Results were ahead of expectations. EPS ex items $0.12 vs street $0.08, sales $602 million vs street $547 million. It's the guidance that has apparently spooked the street. Tesla guided Q4 EPS similar to Q3 short of street $0.20. Q4 production of 6,000 cars essentially in line but no guidance for 2014 production. Production apparently constrained by limited supply of batteries A new Chart Forum analysis is available for Tesla shares. You can access it through the link below or through the Market Pulse dropdown menu


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