Home Blockchain News ‘Tesla Blows’: Elon Musk’s Joke Haunts Him in Mind-Numbing Q1 Miss

‘Tesla Blows’: Elon Musk’s Joke Haunts Him in Mind-Numbing Q1 Miss

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By CCN: Tesla’s first-quarter earnings miss was about the size of the Grand Canyon. Yet, investors are not punishing Tesla’s stock. Far from it, in fact, as TSLA shares are currently meandering in and out of positive territory in after-hours trading. Tesla reported a Q1 loss per share of a whopping $2.90 vs. estimates for a less horrible $0.69 per-share loss, according to CNBC. Elon Musk’s company also missed on the top line, generating $4.54 billion in revenue compared to Wall Street’s expectations for $5.19 billion. At least the Tesla CEO still has his sense of humor. Good thing the

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* First published on ccn.com

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