Tesla: Slammed -- May 11, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Tesla: Slammed -- May 11, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Tesla: Slammed -- May 11, 2017
link : Tesla: Slammed -- May 11, 2017

Tesla: Slammed -- May 11, 2017

I posted this earlier but did not pay much attention to it. I read the article, but considered the source, and left it at that.

Tesla: over at SeekingAlpha, a contributor argues that it's energy business has collapsed.

But then, for a similar story to appear at another source suggesting the same thing certai.nly got my attention. From The Street:

Tesla's (TSLA) acquisition of Solar City appears to have masked a decline in the company's power storage business, according to the company's latest 10-Q filing.

Tesla reported that energy generation and storage revenue rose $191.2 million, or 841% in the quarter ended March 31, compared with the same period a year earlier.

However, "this was primarily due to the inclusion of revenue from SolarCity, which we acquired on November 21, 2016, of $208.7 million, partially offset by a decrease in energy storage revenue of $17.4 million," the company said in its filing. That's a far less rosy situation than was forecast by CEO Elon Musk in August 2015, on the company's second-quarter earnings call shortly after Tesla introduced its Powerwall and Powerpack products for residential and commercial customers.

I've gone back and archived the SeekingAlpha article.

http://ift.tt/2dZyQXu

Thus Article Tesla: Slammed -- May 11, 2017

That's an article Tesla: Slammed -- May 11, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Tesla: Slammed -- May 11, 2017 with the link address https://mylivemyidea.blogspot.com/2017/05/tesla-slammed-may-11-2017.html

Tweet

Subscribe to receive free email updates: