• Safi Bello

Tesla down ahead of first quarterly report to include SolarCity

Reuters ---- Shares of Tesla were down almost 1 percent on Wednesday ahead of the electric car maker's first quarterly report following its $2.6 billion acquisition of solar panel installer SolarCity. Wall Street estimates for Tesla's fourth-quarter loss per share vary widely, potentially due in part to the deal. In the previous quarter, Tesla posted its first net profit in more than three years. Over the past three months, the stock has enjoyed a 41 percent rally and is near record highs, while short bets against Tesla remain elevated despite nearly $2 billion in paper losses suffered by short sellers this year. To learn more about Tesla down ahead of first quarterly report to include SolarCity click on the picture below to read the article.

Tesla down ahead of first quarterly report to include SolarCity - Read More from Reuters

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