Tesla: Even Record Losses Cannot Stop the Stock’s Growth

More from: | Hacked.com |

By: Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets.

About two weeks ago, we published an article on Tesla and its future prospects, but today we will talk about this company once again.

On August 1, Tesla reported on second-quarter financials. The results are sad – the losses of the company are topping record levels.

The second-quarter losses reached $718 million USD, and compared to Q2 2017 they have gone up more than two times. If we look closer at the dynamics of what is currently happening, we will see that the growth of the losses is gradually slowing down and, at the same time, the overall income of the company is growing.

From this perspective, the future looks quite


Read full article » https://hacked.com/tesla-even-record-losses-cannot-stop-the-stocks-growth/

About | Hacked.com |

For too long, people have lived in a system that is rigged. A system that makes the poor poorer and the rich richer. In 2009, an invention came into existence which is now shaking up the banking industry – but we still have a long journey ahead of us for financial freedom. Automation and AI will claim more jobs than the first industrial revolution did. Researchers are unsure of the ramifications. Countries are debating citizens’ income to adjust for the lack of jobs due to automation. We believe that people need to plan for their own financial freedom. We will share information on how you can make more money and help you take the right financial decisions for the coming years.

We have a dedicated team working to improve your financial understanding and help you get set for the coming macroeconomic changes. We want to give you the tools to become financially independent. Our team consists of economists, entrepreneurs, cryptocurrency enthusiasts, and technologists.

Including Hacked.com we are responsible for CryptoCoinsNews.com, one of the world’s leading bitcoin, blockchain, and FinTech news sites.

»Twitter: @HackedCom