Ron Burgundy Posted February 12, 2016 Share Posted February 12, 2016 Leave it to Elon Musk to make a company's stock jump nearly 5 percent a day after reporting widening losses - all in the middle of a market selloff. Musk's electric vehicle startup, Tesla Motors Inc, on Wednesday posted its eleventh straight quarterly loss, when analysts had expected a profit. Tesla also said it planned $1.5 billion in capital spending this year but had just $1.2 billion in the bank. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.