FlashFeed
๐Ÿš—
๐Ÿš— Cars

Tesla revenue up 26% but soaring costs outpace Cybercab and Semi production delays

Tesla posted a 26% revenue increase but rising operating expenses and capital expenditures are eating into the gains as the company pushes to launch Cybercab, Semi and Megapack. Production timelines for all three products have slipped. The company faces growing financial pressure at a pivotal moment in its product transition.

Comments

No comments yet