Tesla Reports Loss, as Elon Musk Talks of Raising Capital - News Summed Up

Tesla Reports Loss, as Elon Musk Talks of Raising Capital


Elon Musk agrees with Wall Street: It may be time for Tesla Inc. to raise money. The auto maker’s chief executive has eschewed fund-raising for the past year even while pressure mounted over whether the money-losing company would have enough cash to operate. He balanced Tesla’s ambitious growth plans with cutting costs and turning a profit.


Source: Wall Street Journal April 24, 2019 21:37 UTC



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