US: Tesla reports US$56.85m Q3 loss

Tesla reported to shareholders on 2 November that its total revenues in the third quarter reached US$58m, up 85% from Q3 of 2010. Automotive sales grew by almost 11% from the previous quarter due to “solid” Roadster demand (184 sales, up 22% y/y) and powertrain component sales, and full-year revenue guidance Subscribe to Automotive World to … Continued

• By Webmaster
• November 4, 2011