Tesla posts $785 million loss in Q1; revenues rise to $3.41 billion

Tesla posts $785 million loss in Q1; revenues rise to $3.41 billion

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Tesla continued its financial bloodletting in the first quarter, posting a net loss of $785 million on revenues of $3.41 billion. In comparison, Tesla reported a net loss of $397.2 million a year ago, on revenues of $2.7 billion.

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