Tesla quarterly revenue more than doubles

Electric-car maker Tesla Inc’s quarterly revenue more than doubled, driven by deliveries of its high-end Model S sedans and sports utility vehicle Model X.

However, the company’s net loss attributable to shareholders widened to $336.4 million for the second quarter ended June 30 from $293.2 million a year earlier. http://bit.ly/2uXmTL2

On a per share basis, net loss attributable to shareholders narrowed to $2.04 from $2.09.
Revenue rose to $2.79 billion from $1.27 billion.

Advertisements