Revenue grew 43% to $4 billion
Adjusted net loss of $520.2 million or $3.06 per share
Operating cash flow remained in the negative territory at $129.6 billion
Total vehicle production rose 55% sequentially to 53,339 units in Q2, while shipments jumped 80% to 40,740 units
Expects to produce 50,000 to 55,000 Model 3 vehicles in Q3, by producing 6,000 Model 3 vehicles per week by late August, and also to increase production over the next few quarters beyond 6,000 per week.
For visualization/Infographic - Tesla Q2 2018 earnings | AlphaStreet
Adjusted net loss of $520.2 million or $3.06 per share
Operating cash flow remained in the negative territory at $129.6 billion
Total vehicle production rose 55% sequentially to 53,339 units in Q2, while shipments jumped 80% to 40,740 units
Expects to produce 50,000 to 55,000 Model 3 vehicles in Q3, by producing 6,000 Model 3 vehicles per week by late August, and also to increase production over the next few quarters beyond 6,000 per week.
For visualization/Infographic - Tesla Q2 2018 earnings | AlphaStreet