Tesla, House of Fraser, Instagram: Everything that matters this morning
Tesla revenue up as car sales increase
Revenue at electric car company Tesla was up 43% year-on-year to $4bn in the third quarter of 2018, helped by sales of more than 40,000 of its cars.
This included 18,000 Model 3s, its newer, more affordable product.
However, the Elon Musk-owned business still made a loss of $717m in the quarter – more than double a year ago.
Musk described it as a “mind-blowing leap forward” and said he remains confident the business will make a profit in
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