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04-26-2019, 04:40 AM
Tesla lost $722 million in the first quarter of 2019, higher than expected. The electric-vehicle automaker’s cash equivalency on hand at the end of the quarter was $2.2 billion, which is $1.5 billion lower than the end of 2018. Special onetime items included $920 million in convertible bonds due. The loss of $702.135 million attributable...
The post Tesla Posts $722 Million Quarterly Loss, Higher than Expected (https://www.automobilemag.com/news/tesla-posts-722-million-quarterly-loss/) appeared first on Automobile Magazine (https://www.automobilemag.com).
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The post Tesla Posts $722 Million Quarterly Loss, Higher than Expected (https://www.automobilemag.com/news/tesla-posts-722-million-quarterly-loss/) appeared first on Automobile Magazine (https://www.automobilemag.com).
More... (https://www.automobilemag.com/news/tesla-posts-722-million-quarterly-loss/)