Tesla reports production, revenue increases; record losses in second quarter
In its second quarter update released on August 1, Tesla reported automotive revenue of USD 3,358 million, a 47% increase from the same quarter in 2017, as well as a record loss of USD 717 million as the company struggled to ramp up Model 3 production at its plant in Fremont, California.
Tesla stock jumped 9.4% to ne....
Tesla stock jumped 9.4% to ne....
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