Tesla suffers worst quarter ever as production delays hit

Posted on 5 Nov 2017 by Michael Cruickshank
A Model 3 under construction on a Tesla assembly line. Image courtesy of Tesla.

US automotive manufacturer Tesla has suffered its worst-ever quarterly loss as the company struggles to increase vehicle production rates.

A Model 3 under construction on a Tesla assembly line. Image courtesy of Tesla. In a statement, Tesla announced that it had taken a $619mn net loss in the third quarter of 2017, the largest such loss in the history of the company. These losses come at a time when the…

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