Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Tesla's cash burn flares to more than $1 billion in the first quarter

    by Russ Mitchell, Los Angeles Times May 02, 2018 3 minutes

    SAN FRANCISCO - Stock analysts expected abysmal first-quarter financial results from Tesla, and that's what they got.

    The hyper-ambitious electric motor vehicle and renewable energy company, which is struggling to fix production problems on its make-it-or-break-it Model 3 electric sedan, reported a net loss of $784.6 million, slightly deeper than the $770.8 million loss it registered in the previous quarter and up substantially from the $397 million it lost in

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times4 min read
    Tyler Glasnow Dominates And Max Muncy Hits Three Home Runs In Dodgers’ Blowout Win
    LOS ANGELES — As much as it pained Kyle Snyder to see Tyler Glasnow traded from Tampa Bay to the Los Angeles Dodgers last December, the Rays pitching coach predicted the move would benefit the 6-foot-8 right-hander from Santa Clarita. “I genuinely th
    Los Angeles Times2 min read
    California Roads Damaged By Storms Could Get Help With Gov. Newsom's Emergency Declaration
    LOS ANGELES — Gov. Gavin Newsom proclaimed a state of emergency Friday to help fund badly needed repairs of roads battered during this year's storms, including scenic Topanga Canyon Boulevard that was blocked by millions of tons of debris. The govern
    Los Angeles Times2 min read
    Bodies Found In Baja California During Search For Missing Tourists, Mexican Officials Say
    MEXICO CITY — Mexican officials said three bodies have been found in the same remote stretch of Baja California where two Australian brothers and their American friend went missing last week while on a surf trip. The bodies were recovered south of th

    Related Books & Audiobooks