Tesla posts $282 million 1st-quarter loss

Customer deposits for the $35,000-and-up Model 3 sedan helped Tesla raise cash on hand during the first quarter of 2016 as it reported a wider net loss of $282 million. Revenue rose 22 percent to $1.1 billion.

from Automotive News Breaking News Feed http://www.autonews.com/article/20160504/OEM/160509936/tesla-posts-282-million-1st-quarter-loss
from Tumblr http://thedrakeunderground.tumblr.com/post/149266804097

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