Tesla Motors Inc (TSLA) Earnings Preview: Swing To Profit Expected

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Tesla Motors Inc (TSLA) Earnings Preview: Swing To Profit Expected
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Tesla Motors Inc (NASDAQ:TSLA) will release its fourth quarter earnings report in a matter of hours, and all of Wall Street will be watching not only for the key numbers but for management commentary on more pressing matters that could suggest the future of the automaker. Sentiment on Tesla is quite low as investors spurned the stock amid fears of it tanking on tonight’s earnings report.

Indeed, the markets have thus far greatly punished companies that haven’t given a strong outlook for this year, so odds are that we can expect quick movement in the automaker’s shares after hours. So far, the stock is on track for a 15% weekly decline—or worse. Already year to date, Tesla shares have plunged by nearly 40%.

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