Company posts $717.5m second-quarter lossCEO had criticized analysts in first-quarter callTesla’s stock price soared in after-hours trading Wednesday despite reporting a record $717.5m loss for the second quarter of 2018, as its chief executive, Elon Musk, appeared to restore investor confidence with an apologetic and restrained performance on an analyst call. Continue reading…
Via: Tesla stock surges despite record loss as Elon Musk apologizes to analysts

Categories: English News