Tesla, Inc.'s Loss Widens Amid Model 3 Production Delays

Electric-car maker Tesla (NASDAQ: TSLA) hit a notable milestone in its third quarter. The company delivered its 250,000th vehicle, making its total vehicle fleet about 100 times larger than it was just five years ago. While the growth is impressive, it's the company's next phase of growth that investors are most focused on. Investors want to see how quickly the automaker can ramp up production of its most affordable vehicle yet -- the Model 3.

In Tesla's third-quarter update, the automaker shared lots of new information about its business, including one on Model 3 production. Here's what investors should know.

Tesla factory. Image source: Author.

Continue reading


Source: Fool.com