Tesla Burns $12 Million Per Day As It Scrambles To Ramp Model 3 Production
May 02, 2018 at 18:14 PM EDT
Tesla reported a Q1 loss of $785 million, or an adjusted EPS of ($3.35) (and $4.19 on a GAAP basis), better than the $3.41 expected, if nearly 3 times more than the $1.33 loss one year ago.