On the bright side, Tesla reported operating cash flow of $150 million and said it spent $295 million on capital needs. Tesla reported $1.6 billion in adjusted revenue and an adjusted loss of $1.06 a share Wednesday, which fell short of analysts’ estimates. The cash-flow picture brightened at Tesla Motors in the second quarter. The result was a free cash outflow of $145 million, good for the... Don’t expect that improvement to last.

Source: Wall Street Journal August 03, 2016 22:18 UTC