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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/
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