Tesla posts record $710m net loss

Madeleine Cuff
clock • 2 min read

EV pioneer is struggling to hit production deadlines for its Model 3 vehicle, but founder Elon Musk insists firm is on track to be cash positive by end of the year

Tesla suffered a record loss of almost $710m in the first three months of this year as it burnt through cash in its struggle to get its flagship Model 3 cars out of the factory and into the hands of customers,...

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