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Tesla's $293 Million USD Loss Reflects Its Costly Ambitions It seems Tesla Motors can't seem to get a break. The motor company announced on Wednesday a second quarter loss of $293.2 million USD, but with ambitious plans to continue building nearly 80,000 cars in 2016 and pulling forward a cheaper sedan aimed at the mass market. The loss was only slightly higher than in the first quarter, but this loss raises the pressure on Tesla to improve its factory output. So far Tesla has been unable to consistently keep up with its growth plans, and investors expec...
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