Wednesday, July 24, 2019

Tesla's still bleeding money and now its stock is dropping too

Even after delivering a record number of cars in its second quarter, Tesla is still bleeding money. Tesla said Wednesday that it lost $408 million during the three months ending in June, far worse than Wall Street had expected. Shares of Tesla fell more than 10% in after hours trading following the earnings report.

from CNN.com - RSS Channel - World https://ift.tt/2SDD1f8

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