Tesla Posted an Unexpectedly Big First-Quarter Loss as CEO Elon Musk Says Tesla Will Offer Insurance

Analysts expected that Tesla would lose in the neighborhood of 69 cents per share in the first quarter, but Tesla’s real numbers, released today, were much, much worse than that. Tesla lost $2.90 a share, or $702.1 million in the quarter, according to CNBC, almost as much as they lost in the same quarter last year,…

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Author: Erik Shilling

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