Tesla promises return to profit in third quarter after large loss, may raise more capital

Tesla promises return to profit in third quarter after large loss, may raise more capital

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-tesla-results/tesla-promises-return-to-profit-in-third-quarter-after-large-loss-may-raise-more-capital-idUSKCN1S02S1

Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after facing issues ramping up shipments outside the United States.

Tesla promises return to profit in third quarter after large loss, may raise more capital

Apr 24, 2019, 11:17pm UTC
https://www.reuters.com/article/us-tesla-results/tesla-promises-return-to-profit-in-third-quarter-after-large-loss-may-raise-more-capital-idUSKCN1S02S1 >Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after facing issues ramping up shipments outside the United States.