Tesla, Channel 4, Eurostar: Everything that matters this morning
Tesla reports $675.4m loss
Tesla, the electric car company owned by billionaire Elon Musk, has reported a $675.4m loss during the three months to 31 December.
Profits were reportedly hit by heavy spending on the next generation of electric cars, including its Model 3 sedan which failed to maintain production targets. According to reports in the Guardian, Tesla made just 2,425 Model 3s in the fourth quarter of 2017, despite there being a 500,000 strong waiting list.
Musk remained upbeat, sta
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