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Unread 08-04-2016, 05:18 PM   #1
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Default Tesla's losses mount, but company plans to open one new showroom every four days

Tesla released its most recent quarterly financials, and like the 12 previous quarters, the ink on the page was all red. The company's net loss amounted to $293 million--substantially higher than the $184 million shortfall recorded on June 30, 2015. Revenue climbed dramatically, from $955 million in the second quarter of 2015 to $1.27 billion in...

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