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U.S. Day Ahead: Tesla to ride high, may beat expectations

Tuesday, August 06, 2013 - 01:59

Aug 6 - Elon Musk's Tesla is high on customer satisfaction and orders. Earnings are expected to come in lower than Q1 but they may surprise to the upside. Groupon also reports second-quarter results.

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You -- getting ready for Wednesday -- to video advertising companies going public. It's looking to raise seven million dollars from initial public offering. The companies backed by venture capital firms like closely ventures and it felt partners in effect opera five million shares priced between twelve to fourteen dollars per share. And it because a high end capitalization could be close to 500 million dollars. Can -- should be in love with group on again -- reporting second quarter earnings. Investors bought the company would take off but it's been struggling since its IPO. Earlier this year in February it fired its CEO Andrew Mason. Analysts optimistic about the company expecting second quarter revenues of about 605 million dollars. Analysts at Sterne -- say don't under estimate group on it has room to grow especially -- mobile's. Responsible bought customers buying more time than than they do on desktop. The new CEO Eric let koskie recently said Groupon is that I -- better place than it was four months ago of course is gonna say that the stocks up 80% this year. The top story will -- -- give us an electric charge of the right time it reports its second quarter earnings Wednesday after the -- Elon Musk company did report its first ever profit in the first quarter but analysts are expecting at twelve without loss per share. Don't be alarm companies at this stage they have volatile earnings. Analysts do have a positive outlook on the company it has high customer satisfaction customer orders are ahead of estimates tussle will start selling electric cars internationally. And the electric car battery costs are supposed to come down in the next few years. All of which will help growth. The stock's been defying gravity -- 411%. Over the last year. You could follow us on Twitter at writers insider and watched more video on Reuters dot com slash players TVs. I'm -- not bad it is Reuters.

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U.S. Day Ahead: Tesla to ride high, may beat expectations

Tuesday, August 06, 2013 - 01:59