Tesla Finishes 2017 With Significant Cash Flow Improvement
Tesla reported a fourth-quarter 2017 adjusted EPS loss of $3.04, beating consensus of a loss of $3.12. We are leaving our fair value estimate in place but as always, we will reassess our modeling assumptions when we update our model for the 10-K filing. We think the long-term story on what Tesla can achieve in electric cars, trucks, mobility, and energy generation and storage will ultimately determine the value of the company. We believe the stock trades on momentum for option value that, if rea...
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