Tesla, Inc. Prepares for Massive Growth

Following the start of Tesla's (NASDAQ: TSLA) Model 3 deliveries on July 28, Tesla's second-quarter report gives investors a timely glimpse into the electric-car company's business. Tesla believes the important electric car will help take annual vehicle production from a run-rate of about 100,000 units today to 500,000 units next year.

Beyond some useful new information about the Model 3, Tesla's second-quarter earnings showed fast-rising revenue, growing demand, soaring capital expenditures, and more. Here's a close look at the quarter.

Image source: Tesla.

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Source: Fool.com