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Tesla isn’t making any promises on Model 3 production targets (TSLA)





Tesla Model 3

  • Tesla said that it intends to built 2,500 Model 3 vehicles by the end of Q1 and 5,000 by the end of Q2.
  • But it also said that a troubled Model 3 ramp means those goals aren’t certain.
  • On the plus side, it expects to sell another 100,000 Model S and Model X vehicles in 2018.

Tesla lost less money in the fourth quarter than expected — and brought in slightly more revenue than analysts anticipated.

However, the carmaker still lost almost $12 per share in 2017, on a nonadjusted basis, more than double its 2016 loss.

A big loss read more >>>

Source:: BusinessInsider.Com

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