Scalper1 News
Tesla Motor’s (TSLA) cash burn rate gives the electric car maker little room for error if its Model X product launch hits a pothole, says Morgan Stanley. Tesla Motors late Wednesday reported a smaller-than-expected Q1 loss and higher-than-expected revenue. Tesla made 11,160 vehicles in Q1, 10% better than guidance, as it averaged more than 1,000 cars per production week. In Q2, it expects to produce about 12,500 vehicles, a 12% sequential Scalper1 News
Scalper1 News