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Small business borrowing, Tesla

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U.S. small business borrowing stalls in March By Ann Saphir May 1 (Reuters) — Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed. The Thomson Reuters/PayNet Small Business Lending Index for March registered 134, down 1 percent from last March. The index was up 4 percent from February, which had four fewer working days. Doesn’t seem to scale very well… ;) Tesla said net loss attributable to common shareholders widened to 0.3 million in the first quarter ended March 31, from 2.3 million a year earlier. On a per-share basis, net loss narrowed to .04 per share from .13 per share. Excluding items, the company lost .33 per share. Analysts on average had expected a loss of 81 cents per share, according to Thomson Reuters I/B/E/S. Revenue more than doubled to .70 billion from .15 billion, and edged past analysts’ average expectation of .62 billion.

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U.S. small business borrowing stalls in March

By Ann Saphir

May 1 (Reuters) — Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed.

The Thomson Reuters/PayNet Small Business Lending Index for March registered 134, down 1 percent from last March. The index was up 4 percent from February, which had four fewer working days.

Small business borrowing, Tesla

Doesn’t seem to scale very well…

;)

Tesla said net loss attributable to common shareholders widened to $330.3 million in the first quarter ended March 31, from $282.3 million a year earlier. On a per-share basis, net loss narrowed to $2.04 per share from $2.13 per share.

Excluding items, the company lost $1.33 per share. Analysts on average had expected a loss of 81 cents per share, according to Thomson Reuters I/B/E/S.

Revenue more than doubled to $2.70 billion from $1.15 billion, and edged past analysts’ average expectation of $2.62 billion.

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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