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Tesla reported a loss of $2.90 per share for Q1, a massive miss from expectations of 69 cents

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EARNINGS: Tesla Q1 Loss ($2.90) vs. ($0.69) Est.; Q1 Revs. $4.54B vs. $5.19B Est

  • After lackluster Model 3 deliveries in the first quarter, Tesla is expected to post a loss of 69 cents per share on revenue of $5.2 billion.
  • Tesla reports earnings after the bell on Wednesday.
  • Investors are watching to see if Tesla plans to raise capital soon to support its plans.

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