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Tesla shares jump after cash burn worries abate, Musk apologizes to Street

Tesla shares jump after cash burn worries abate, Musk apologizes to Street

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-tesla-results-stocks/tesla-shares-jump-after-cash-burn-worries-abate-musk-apologizes-to-street-idUSKBN1KN1TX

Shares of Tesla Inc jumped 10 percent in premarket trade on Thursday, after the company convinced investors that it was able to produce positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologized for past incendiary remarks.