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Old 08-03-2018, 01:03 PM   #1
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Default Tesla Loses More Than $700 Million in Q2, Expects a Profitable Q3

Now that Tesla finally (but barely) has hit its production goals for the Model 3, the company is focused on achieving a sustainable profit. But its second-quarter earnings report showed Tesla to still be deep in the red, suffering a $742 million net loss before extraordinary items. Losses per share sat at $3.06. In spite...
The post Tesla Loses More Than $700 Million in Q2, Expects a Profitable Q3 appeared first on Automobile Magazine.


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