TESLA POSTS $408M LOSS IN 2Q, CAUSING STOCK TO PLUMMET
Jul 27, 2019
2 minutes
Tesla suffered a loss of $408 million during its latest quarter as the company continues to struggle to prove it can make money while producing electric cars at prices that a mass market can afford.
The setback announced Wednesday had already been telegraphed by Tesla CEO Elon Musk, but it still underscored an ongoing challenge that helps explains
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