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    Tesla is back to losing money as revenue, cash and other key numbers tumble

    by Russ Mitchell, Los Angeles Times Apr 24, 2019 3 minutes

    Elon Musk envisions a glorious future when fleets of Tesla robo-taxis earn money for Tesla owners and make all other automobiles instantly obsolete. The future, he said in a presentation this week, starts next year.

    So far this year, however, Tesla's financial situation looks bleak.

    The company reported Wednesday that automotive revenue in the first quarter fell 41 percent, to $3.7 billion from $6.3 billion in the previous quarter, a far deeper drop than expected for sales for all its

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