Tesla posts earnings loss but claims Model 3 production will start in July
Tesla this afternoon released its earnings report for the company’s recent fourth quarter. When the dust settled, Tesla posted revenue of $2.28 billion and a loss of 69 cents per share. By way of contrast, Tesla during the same quarter a year-ago posted a loss of $.87 per share on the back of $1.75 billion in revenue. Notably, Tesla notes that its cumulative 2016 revenue checked in at $7 billion, a 73% increase from 2015. As far as overall sales are concerned, Tesla disclosed those figures last month, In case you missed it, Tesla during the ...
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