Tesla’s fourth-quarter results could help to reverse the stock’s downtrend if there are not enough buyers and sales from the initial quarter.
The company is not selling the stock at any loss, the company spokesman said on Wednesday.
The stock, which has a 15-cents rate for its trading volume, is trading at $1.00 on Tshwane.
“The bottom line is as follows: We are committed to our goal of selling the stock at a loss each quarter, no matter what is happening with the results,” Tshwane spokesman J. Scott Rogers said in his comments to investors.
The stock has fallen by more than 2 percent in the last six months and the share price has been falling. It has fallen four times since its last trading session.
The stock, which has a 15-cents rate for its trading volume, is trading at $0.29 on Tshwane.
“The bottom line is as follows: We are committed to our goal of selling the stock at a loss each quarter, no matter what is happening with the results,” Rogers added.