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Tesla Q1 Results
- fnord77 7y agoFrom another site: > Tesla lost $702 million in the first quarter of 2019, after posting back-to-back profits for the first time ever to finish out 2018 > Tesla finished the quarter with $2.2 billion in cash on hand, a decrease of $1.5 billion from the end of 2018 — though $920 million of that was used to pay debt that came due in March. Of that $2.2 billion total, $768 million was customer deposits for vehicles like the Model 3, Model Y, second generation Roadster, Tesla Semi, and the company’s energy products.