• Tesla Inc TSLA.OQ reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of thirty two analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 21 cents to 70 cents per share.

• Revenue fell 9.2% to $19.34 billion from a year ago; analysts expected $21.11 billion.

• Tesla Inc's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $409 million.

• Tesla Inc shares had fallen by 12.2% this quarter and lost 43.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 42.6% in the last three months.​

• In the last 30 days, seventeen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 26 "strong buy" or "buy," 16 "hold" and 12 "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is also "hold"

• Wall Street's median 12-month price target for Tesla Inc is $302.50

This summary was machine generated from LSEG data April 22 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)