Tesla announces record £523m loss

Michael Docherty2018-05-03 15:10
EV company reveals record losses, but claims the business will be profitable later this yearTesla has reported a record $710m (£523m) net loss in the three months to March, with the company blaming on-going Model 3 production issues.
However, Tesla CEO Elon Musk has insisted the company can turn its woes around and post profits later this year – possibly as soon Q3 2018.
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“It’s high time we became prof