Electric vehicle manufacturer Tesla Motors has been reportedly incurring significant cash losses.
According to a new report by Reuters, the company loses more than $4,000 on every vehicle sold using its reckoning of operating losses. Tesla also allegedly used up $359m of its cash reserves in just the first quarter of 2015, part of an alarming burn-rate of its cash stockpiles. Reportedly, the company had just $1.15bn…
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