Elon Musk is already well-known for his colorful appearances and generally inadequate behavior towards investors. Late last night, Tesla publishes its financial results, and as you might expect, the figures are worse than expected. EPS -4.19, Negative free cash flow of over $1 billion. and a net profit of $709.6b. Here are the full details on a quarterly basis:
But that did not ruin the company's shares. After being asked by analysts about the company's capital adequacy and what is happening with Model 3 orders, Musk said the questions were boring and dry. Soon the shares of the company traded 6.7% lower.
Source: Bloomberg Pro Terminal
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