Model Confusion, Losses and a Distinct Lack of SEX at Tesla

Tesla CEO Elon Musk isn't getting any. By that we mean profits, as the electric automaker reported a $397 million first-quarter loss yesterday, adding to the red ink spilled in the previous quarter. While the company's revenue rose 18.4 percent in Q1 and deliveries climbed 12 percent, spending on Model 3 production more than offset […] The post Model Confusion, Losses and a Distinct Lack of SEX at Tesla appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA