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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.