Tesla earnings, cash-burn up; Model 3 production, barely

By feedback@highgearmedia.com (Eric C. Evarts) Tesla told investors Wednesday that it burned through a record amount of cash last quarter, posting a $785 million loss for the quarter. The company’s stock initially rose 2.2 percent on the news because revenue came in $110 million higher than expected. The company has not reached its goal of …read more

Source:: https://www.greencarreports.com/news/1116546_tesla-earnings-cash-burn-up-model-3-production-barely