Tesla Shares Fall After ELon Musk Says Quarter 1 Won't Be Profitable Unlisted Video

Tesla CEO Elon Musk recently said the company would not be profitable in 2019’s first quarter. According to Business Insider, Tesla shares fell as much as 4 percent in after-hours trading. Musk’s comments come after two consecutive quarters of profitability, a first in Tesla history. They also come after announcing the $35,000 Model 3 Tesla was finally available to order. While Musk said quarter one was not looking good, he said quarter two is likely to be profitable.