Tesla's latest surprise: It'll announce earnings results on Wednesday [Los Angeles Times (CA)]
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Source: Los Angeles Times
Tesla's latest surprise: It'll announce earnings results on Wednesday Companies usually set the date for earnings announcements weeks in advance. Tesla Inc. prides itself on being unusual. On Monday evening, Elon Musk’s electric car company popped a surprise: It said it will release third-quarter results and hold a conference call Wednesday afternoon, with less than 48 hours’ notice. The Oct. 24 date is also more than a week earlier than usual. With few exceptions, Tesla has scheduled its third-quarter earnings releases for the first week of November. Why it’s doing this, Tesla hasn’t said. The company did not respond to a request for comment. Speculation on social media ran wild, from bulls saying Tesla doesn’t want stellar results to be drowned out by the midterm election, to bears saying the company has bad news and wants the earnings call over and done. Alma Angotti, managing director at the Navigant consulting firm and a former senior counsel at the Securities & Exchange Commissi
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