02-08-2018 00:06 via feedproxy.google.com

Tesla could make it through 2018 without running out of money (TSLA)

Tesla reported Q2 earnings on Wednesday, with a wider loss than expected but a beat on revenue.
Tesla ended the quarter with $2.2 billion in cash and expected total capex for 2018 to be less than $2.5 billion, roughly $1 billion less than in 2017.
"Ultimately, our capital expenditure guidance will develop in line with Model 3 production and profitability," Tesla said in its Q2 investor letter.Tesla reported second-quarter earnings on Wednesday after the close of market. The company lost more tha
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