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Tesla’s Gigafactory, Model X progress overshadow Q1 US$50m loss

Tesla is investing heavily in a range of ambitious new projects, the potential of which should overshadow its latest loss.

Tesla is pressing ahead with plans for its upcoming Gigafactory, and California is now in the running. An update on the new battery production unit, progress on the Model X and global expansion efforts was provided by company Chief Executive Elon Musk at an analyst conference following the publication of first-quarter financial results.

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https://www.automotiveworld.com/articles/teslas-gigafactory-model-x-progress-overshadow-q1-us50m-loss/

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