Tesla To Report First-Quarter Earnings And Expected To Face A Loss
Tesla and its CEO Elon Musk have faced a lot of issues and controversy in recent times. The company will soon report its first-quarter earnings and are expecting to face a loss. According to Business Insider, the loss would come after two consecutive quarters of profits. Yet the loss is not much of a surprise since Musk predicted himself that Tesla would face that loss. Tesla shared slid 12 percent year-to-date and are at about $270 per share.