EnergyWatch

Large deficit at Tesla – pledges improvements in coming quarters

The electric vehicle manufacturer headed by Elon Musk has lost a great deal of money on not being able to deliver enough vehicles to customers.

Photo: /Ritzau Scanpix/AP/Evan Vucci/

US electric vehicle manufacturer Tesla had a significantly larger deficit than anticipated in Q1, which once again calls the company's liquidity situation into question.

The deficit appears after the last two quarters of 2018 saw the group booking black figures on the bottom line.

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