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Tesla Posts Q1 Loss as Ramp up to Model 3 Production Continues

Tesla Posts Q1 Loss as Ramp up to Model 3 Production Continues  Tesla has reported a loss of $330 million in the first quarter of this year, although the brand’s revenue did more than double.  The company increased vehicle production by 64 percent year-over-year, enabling Tesla to move 25,051 Model S and Model X electric cars in the first three months of 2017. That is responsible for… more

Source: http://www.autoguide.com/auto-news/2017/05/tesla-posts-q1-loss-as-ramp-up-to-model-3-production-continues.html
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