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Oops, Tesla loses $600m

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26.07.2019

OPINION: Following Elon Musk this month has been a bit of a roller coaster.

Two weeks ago, he crowed about how Tesla broke records in the second quarter of this year, with 87,048 vehicles manufactured, and about 95,200 vehicles delivered.

Last week, he held a press conference to recruit talent for his new brain-reading company, Neuralink.

Now, this week we find out that Tesla actually managed to lose more than NZ$600 million in Q2. That's despite its record-breaking month.

READ MORE:
* Tesla unveils its long-hyped US$35,000 Model 3
* Tesla will cut around 3100 members of its workforce to aid Model 3 production
*........

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