Tesla Motors posted a $619.4-million loss in the third quarter of 2017, on automotive revenues of nearly $3 billion, as it struggled to ramp up production of its $35,000-plus Model 3 electric-powered sedan. “The initial phase of manufacturing any new vehicle is always challenging, and the Model 3 production ramp is no exception—particularly given our...
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Tesla Loses $619 Million in Third Quarter appeared first on
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Tesla Loses $619 Million in Third Quarter
