One of the biggest casualties of this week's earnings report: The electric-car maker Tesla. The Wall Street consenus had the ecletric-car maker losing 40 cents per share this quarter. Instead, it lost nearly three times as much, $1.12 per share.
That's a big miss, resulting in the stock losing 10 percent of its value in a single day. But on the other hand, Tesla had lost $3.06 per share during the same period last year. So the company is at least losing less money now.
But there was also some good news from Tesla. It reaffirmed its guidance for full-year delivery, saying it still expects to sell 360,000 to 400,000 vehicles this year, mostly Model 3s.
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