Tesla To Report Second-quarter Results Aug. 5

By Claudia AssisMarketWatch Pulse

Tesla Motors Inc. on Wednesday said it will report second-quarter earnings after market close on Wednesday, Aug. 5. A conference call about the results will follow at 5:30 Eastern. Analysts polled by FactSet expect the electric-car maker to report a loss of 60 cents a share on sales of $1.18 billion. That would compare with earnings of 11 cents a share a year ago on sales of $858 million. Shares of Tesla have gained 20% so far this year, compared with gains of 2.6% for the S&P 500 index .

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