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Patrick Archambault of Goldman Sachs asks about the total capital cost estimate for Model 3. $TSLA CFO Jason Wheeler said the company updated its CapEx guidance to $1.5Bil last quarter and it will be 50% than this for 2016. He added that the CapEx was $216MM in 1Q16, which was a 47% decrease over 4Q15.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?