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Tesla (TSLA) - Reports after the close, Wednesday, Apr. 24

Wall Street expects Tesla to report a per-share loss of 69 cents on revenue of $5.33 billion. This compares to the year-ago quarter when the loss came to $3.35 per share on revenue of $3.41 billion.

What to watch: Tesla stock has been under pressure following a first-quarter delivery miss earlier this month. The shares have lost more than 5% in the past 12 months, and more than 18% so far this year, compared to a 16% rise for the S&P 500 index. The reason? After two straight quarters of surprise profits, CEO Elon Musk has warned investors that a profit should not be expected this quarter, while saying the company could return to profitability in the second quarter. Wall Street is now bracing for a big loss, while focusing in the company’s quarterly operating margins. The company’s cash burn rate and ability to reach its 2019 shipment guidance will also be key areas of focus.


source: Nasdaq