Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss
https://www.reuters.com/article/us-tesla-results/teslas-musk-sees-merit-in-capital-raise-vows-profit-in-third-quarter-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.