Tesla Shares Lower Ahead Of Earnings

MarketWatch Pulse

Shares of Tesla Motors Inc. opened higher, but quickly turned lower ahead of earnings Wednesday. The electric car maker is scheduled to release third-quarter results after the close. Analysts polled by FactSet expect Tesla to report a loss of 1 cent, versus a gain of 12 cents in the same period a year ago. Earlier Wednesday, Tesla received Europe's top safety rating for its Model S sedan. The car has had the top rating from U.S. traffic safety officials.

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