Tesla stock falls over Model 3 delays and biggest-ever quarterly loss
(Reuters) — Tesla Inc on Wednesday pushed back its target for volume production on its new Model 3 sedan by about three months, saying it was difficult to predict how long it would take to fix all production bottlenecks.
The company also reported its biggest quarterly loss ever, sending shares down nearly 5 percent after hours as the loss was bigger than analysts had expected.
Tesla, led by Silicon Valley entrepreneur Elon Musk, faces a crucial test in its growth strategy as it ramps up pr
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