Although some parts of Tesla's Q1 earnings report were positive, a notable negative was its higher than expected loss. The company reported a loss of $1.33 per share, far above the analyst anticipated $0.82. Though, it had $2.70 billion in revenue, beating the expected $2.61 billion.
Tesla's financial situation is driven largely by the success people believe the company will one day encounter. Despite almost never turning a profit, Tesla has a $51 billion market cap, placing it above Ford's.
Even with the higher loss, Tesla's shares didn't really take a hit.
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