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05-03-2017, 07:17 PM
Tesla reported Wednesday a loss of $397 million off of $2.7 billion in revenues for the first quarter of 2017, more red ink than Wall Street had expected, and $179 million more than its reported loss for the first quarter of 2016. That bigger loss was the result of greater revenues — $0.9-billion a year...
The post Tesla Loses $397 million in First Quarter of 2017 (http://www.automobilemag.com/news/tesla-loses-397-million-first-quarter-2017/) appeared first on Automobile Magazine (http://www.automobilemag.com).
More... (http://www.automobilemag.com/news/tesla-loses-397-million-first-quarter-2017/)
The post Tesla Loses $397 million in First Quarter of 2017 (http://www.automobilemag.com/news/tesla-loses-397-million-first-quarter-2017/) appeared first on Automobile Magazine (http://www.automobilemag.com).
More... (http://www.automobilemag.com/news/tesla-loses-397-million-first-quarter-2017/)