Tesla revenues up but with losses

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Tesla revenues up but with losses

Tesla revenues up but with losses. Tesla Inc., reported revenues yesterday (02/08/17) up on the same period last year (April to June 2017). Losses increased but the share price went up by 8%. Investors appear to be content about Tesla’s future prospects.

It’s not that surprising for losses to be incurred as Tesla is pouring so much money into research, design and manufacture. Elon Musk, unlike some other CEO’s of certain ‘larger’ tech companies actually ‘makes’ things for the consumer, and innovation is expensive.

Please keep up all the good work Mr Musk.

Link to Tesla.com

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