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Tesla falls short on revenue, margins in second-quarter, shares tumble 11%

Tesla falls short on revenue, margins in second-quarter, shares tumble 11%

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-tesla-results/tesla-falls-short-on-revenue-margins-in-second-quarter-shares-tumble-11-idUSKCN1UJ2XW

Tesla Inc on Wednesday posted a steeper-than-expected loss in its second quarter as profit margins on its vehicles narrowed, saying it still aimed for profit in the current quarter even as growth and cash took priority.

Tesla falls short on revenue, margins in second-quarter, shares tumble 11%

Jul 24, 2019, 10:16pm UTC
https://www.reuters.com/article/us-tesla-results/tesla-falls-short-on-revenue-margins-in-second-quarter-shares-tumble-11-idUSKCN1UJ2XW >Tesla Inc on Wednesday posted a steeper-than-expected loss in its second quarter as profit margins on its vehicles narrowed, saying it still aimed for profit in the current quarter even as growth and cash took priority.