07.05.2015 - Tesla Motors disappointed investors
The price of Tesla Motors fell before the opening of trading on weak quarterly statements of the company that was published on Wednesday. The company's loss amounted to $ 45 million in the first quarter. Negative for the company's results was the increase of the US dollar. At the same time sales of the company decreased to 1.095 billion dollars against 1.23 billion expected. At the same time, the launch of sales of new batteries can significantly increase the company's revenue, but analysts are concerned about the high expenditures of the company. We keep medium-term positive outlook for the company's shares and expect growth of 35-40% per annum.