Wednesday, April 24, 2019

Tesla loses $700m in Q1, thinks about capital raise.

Tesla lost $702 million on revenues of $4.5 billion in Q1 which were down from $7.2 billion in Q4 but an increase on the $2.6 billion of Q1 2018. Tesla had $2.2 billion in cash on March 31  down from $1.5 billion on December 31 2018. It looks necessary to raise more capital. Asked why ...

This story continues at Tesla loses $700m in Q1, thinks about capital raise.

Or just read more coverage at Electronics Weekly

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