Tesla’s record loses: What is going on inside Elon's electric emporiumTesla has single-handedly made electric cars cool - and got the rest of the auto industry to sit up and take notice. That's supposed to be the Model 3 - but so far the company has struggled to meet production requirements. In its latest results, Tesla said it has now "largely overcome" such issues and is predicting figures close to break even in the next quarter, followed by "highly positive" results in two quarters after that. "Consumers have clearly shown that electric vehicles are simply more desirable when priced on par with their internal combustion engine competitors while offering better technology, performance and user experience." The company will also want to avoid any more stories in the media of crashes involving Tesla vehicles.

Source: Standard Digital March 01, 2019 08:15 UTC