Regardless the Wall Street statements about Tesla and their magnificent $620,000 per car earnings, things are not at all that pretty! Moreover, the first quarter 2016 Tesla Motors earnings were released. A total loss of $282 million can be seen in the first three months of this year! The company also records a $1.1 billion revenue which represents a 22% increase.
However, this is not all that black as Tesla Motors earnings will come together after they deliver all the 325,000 reservations for the Model 3! Each reservation costs $1,000, so you do the math! Tesla Motors is also facing a production change and it`s mainly due to the high Tesla 3 demand!
