ERRATA: We incorrectly referred to the Chinese factory as being in Beijing not Shanghai. Tesla’s Gigafactory 3 will be in Shanghai.
We apologize for this
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Yesterday, Tesla released its official Q2 2018 earnings report, showing impressive growth in its revenue but slightly wider losses than the previous quarter. With the company slashing its spending in impressive style and promising higher production in coming months, are things looking up or down for the company?
Here’s the facts as presented in the shareholder letter, and all the important bits you need to know.
Read Tesla’s official Q2 letter here: http://ir.tesla.com/static-files/7235e525-db16-470c-8dce-9ecac0ad7712
Watch our video on Tesla Vs Short infighting here: https://youtu.be/mD-_niE7wC4
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