Tesla posts $293M Q2 loss, up 59% from Q2 2015

Green Car Congress
By mmillikinAug 4, 2016, 3:02 am146 pts
Tesla reported a $293-million GAAP net loss for Q2, a 59% increase from the $184-million net loss for Q2 2015. This marks Tesla’s 13th consecutive quarterly loss. However, Tesla also completed a $1.7-billion equity raise to end the quarter with $3.25 billion in cash. In Q2, Tesla delivered 14,402 new vehicles…

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