Tesla hits Model 3 production speed bumps, slides to loss

Tesla hits Model 3 production speed bumps, slides to loss

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.theregister.co.uk/2017/11/02/tesla_q3_2017/

Tesla has recorded a US$671 million third-quarter loss that it has blamed on supply chain and production problems plaguing its forthcoming Model 3 sedan.

The company's Model S and Model X vehicles have picked up by 4.5 per cent, the company said in its announcement (SEC filing here), but the company only managed to build 220 of the Model 3 (which has a waiting list of 500,000 preorders).