Los Angeles Times

Tesla's Musk is mum about coronavirus impact, except to say panic is 'dumb'

Tesla had been hoping to score three profitable quarters in a row, for the first time in its history. But with the coronavirus slamming the overall economy, analysts are increasingly skeptical.

Wall Street analysts expect Tesla's first-quarter sales to come in well under pre-virus forecasts and see net losses near $40 million when the company reports in late April, according to consensus estimates compiled by FactSet.

But they have little to go on.

Tesla CEO Elon Musk uses Twitter as Tesla's primary communications channel. He's not saying much there about how the coronavirus might affect the company.

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