Tesla reports larger-than-expected losses of $408 million in second quarter

Tesla reports larger-than-expected losses of $408 million in second quarter

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/07/24/tesla-reports-larger-than-expected-losses-of-408-million-in-second-quarter/

Tesla reported Wednesday a loss of $408 million, or $2.31 a share per share, and generated $6.3 billion in revenue in the second quarter despite record deliveries.

Tesla shares fell 11% after the report was posted.