Tesla Issues Disappointing Sales Forecast For 2015

August 5, 2015

Shares of Tesla Motors Inc. (Nasdaq:TSLA) fell more than 5 percent to $255 in after-hours trading Wednesday, after the Model S luxury electric car manufacturer backed away from its annual sales forecast. The Palo Alto, California, carmaker released tepid second-quarter earnings performance and said it will sell fewer cars than expected in 2015. “When you’re priced…

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