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November 6, 2013 04:06 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XCHzfHws8Q0/
Tesla Shares Drop On Smaller Than Predicted Loss, Company Cites Production Constraints
Tesla's share price is higher than makes any logical sense, given the number of cars it makes and sells, but the stock value got a little bit of a real-world correction last night after hours as the car-maker's quarterly results showed another quarterly loss albeit one that still beat Wall Street analyst consensus. Tesla reported a loss of $38 million on total revenue of $431 million for the quarter, and its share price was down just over 10 percent in pre-market trading this morning.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XCHzfHws8Q0/
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