Tesla Second Quarter Earnings Show The Company Improving
- 6 years ago
Tesla reported Q2 earnings on Wednesday , with a wider loss than expected but a beat on revenue.
Tesla ended the quarter with $2.2 billion in cash and expected total capex for 2018 to be less than $2.5 billion, roughly $1 billion less than in 2017.
Tesla shared in its Q2 investor letter,
"Ultimately, our capital expenditure guidance will develop in line with Model 3 production and profitability,
Tesla ended the quarter with $2.2 billion in cash and expected total capex for 2018 to be less than $2.5 billion, roughly $1 billion less than in 2017.
Tesla shared in its Q2 investor letter,
"Ultimately, our capital expenditure guidance will develop in line with Model 3 production and profitability,