Tesla’s Quarterly Loss Surprises No One, Stock Rightfully Tanks

2019-7-25 05:20

To the surprise of nobody, Tesla reported a loss this past quarter along with a ton of cash burn. Let’s look at the headline numbers and then parse why this is another disaster for Tesla, no matter what the bulls say.

Ugly Numbers Tesla lost $1. 12 per share versus the expected loss of $0. 31 per […]

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