Tesla: Livin’ in my own little world
This or a similar sentiment could describe in a nutshell the content of the tweets and comments by Elon Musk, the charismatic CEO of Tesla (Nasdaq: TSLA). Reality is a bit of a world apart. In the fourth quarter of 2017, Tesla lost around USD 675 million despite strong growth in revenue to USD 3.3 billion. The average share loss was either USD 4.01 based on GAAP, which I prefer, or USD 3.04 per share based on non-GAAP. (more…)