Tesla’s Q1 revenue more than doubles year-over-year as Model 3 plan remains on track

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Wednesday, 3 May 2017

Tesla’s Q1 revenue more than doubles year-over-year as Model 3 plan remains on track

Wednesday, 3 May 2017 by Muhammad Ifzal

Tesla today re-affirmed that the production of its next car, the Model 3, would begin in July — and that the company had $4 billion in cash-on-hand heading into the second quarter this year. Both of those are going to be critical as Tesla heads into the back half of the year, which reported its first-quarter earnings today. The company has gone to market multiple times to raise… Read More