Tesla reports $717.5 million Q2 loss; expects to make 50K to 55K Model 3s in Q3

The EV maker expects to increase Model 3 production to 6,000 per week by late August, buoying expectations Tesla will meet its goal of profitability and positive cash flow in the next two quarters.

from Automotive News Breaking News Feed https://ift.tt/2LKfCIz via Falls Church auto repair