The Traderszone Network

Published in TZ Latest News 3 August, 2016 by The TZ Newswire Staff

Tesla Motors, Inc.’s Model 3 Is on Track, but Loss Widens

Model X Suv

Model X. Image source: Tesla Motors.

Electric-car maker Tesla Motors‘ (NASDAQ: TSLA) second-quarter financial results were worse than analysts were expecting. But investors don’t seem to care too much. Shares were trading about flat in after-hours trading at the time of this writing. As Tesla doubles down on future-focused investments such as its Gigafactory and Model 3, the company’s big bets on growth continue to capture investor attention.

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