Tesla posted its earnings for the June quarter today and, per usual, there’s a lot to dissect. Revenue wise, the company generated $6.3 billion compared to $4 billion during the year-ago quarter. Analysts on Wall Street, meanwhile, were anticipating revenue t…
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Despite $408 million loss, Tesla plans to make it up in volume
Despite being EVs, the Tesla Model S and Model X have stalled in the sales department this year. In 2018, the Model 3 set the bar high; achieving status as the best-selling EV in the world in, with 250,000 vehicles sold that year alone. Moving forward to th…
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Tesla’s losses are piling up despite record sales
Tesla is making more cars than ever. If only it could make money. In its quarterly earnings report (pdf) on July 24, the electric car maker slid firmly back into the red, posting a $408 million loss for the second disappointing quarter this year. Despite th…
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After Hours: Facebook, Tesla, Ford Q2 Results Released
Should we just declare today a national holiday? We might as well call it Quarterly Results Day, since so many companies have published their latest fundamentals. We don’t have the real estate to cover every one that delivered their figures after the market …
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Tesla rounds out a record quarter for deliveries with a $408 million loss
Things were looking rather rosy for Tesla at the beginning of year, at least in terms of its bottom line, with the company entering 2019 on the back of consecutive profitable quarters. It’s a machine with a lot of moving parts, but the company has come up sho…
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