Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss - News Channel One

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Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss

Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.


from Reuters: Top News https://reut.rs/2IWjzHt

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