Tesla can't ramp up Model 3 production until 2018

Tesla can't ramp up Model 3 production until 2018

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnet.com/roadshow/news/tesla-q3-2017-report-pushes-model-3-production-ramp-to-2018/

Tesla burned through $1.4 billion dollars in the third quarter as it attempted to ramp up production of its affordable Model 3 electric sedan. The company reported an adjusted loss per share of $2.92, higher than Thomson Reuters estimated at $2.29. That said, its $2.98 billion revenue was a bit higher than Thomson Reuters' estimate of $2.95 billion. Tesla's reported $671 million quarterly loss is its largest ever, or 76 percent of what it lost in all of 2016.

Let's see how that all shook out in more practical terms.

Tesla can't ramp up Model 3 production until 2018

Nov 1, 2017, 10:15pm UTC
https://www.cnet.com/roadshow/news/tesla-q3-2017-report-pushes-model-3-production-ramp-to-2018/ >Tesla burned through $1.4 billion dollars in the third quarter as it attempted to ramp up production of its affordable Model 3 electric sedan. The company reported an adjusted loss per share of $2.92, higher than Thomson Reuters estimated at $2.29. That said, its $2.98 billion revenue was a bit higher than Thomson Reuters' estimate of $2.95 billion. Tesla's reported $671 million quarterly loss is its largest ever, or 76 percent of what it lost in all of 2016. >Let's see how that all shook out in more practical terms.