Tesla's Musk 'sees merit' in capital raise, vows profit in Q3 after large loss

Tesla's Musk 'sees merit' in capital raise, vows profit in Q3 after large loss

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-tesla-results/teslas-musk-sees-merit-in-capital-raise-vows-profit-in-q3-after-large-loss-idUSKCN1S02S1

Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.

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