Tesla’s Wild Second Quarter: Revenue Up, Losses Up, Cash Burn Down, and Some Head-scratching Statements

Tesla announced Wednesday that it lost $743 million in the second quarter of 2018, instantly pushing the automaker's stock up by nearly double digit figures. No, this particular tidbit isn't what investors hoped to hear, but CEO Elon Musk, who, unlike in past weeks, made it through the day without saying something overtly controversial, told […] The post Tesla's Wild Second Quarter: Revenue Up, Losses Up, Cash Burn Down, and Some Head-scratching Statements appeared first on The Truth About Cars. from The Truth About Cars https://ift.tt/2JU9HQx