Tesla Reports Loss for Q4, Looks to 2017 For Growth
A merger with Solar City, expansion into the energy storage market, and roll out of Model 3 and solar roof makes for a busy 2017./ After reporting a profit in Q3, Tesla recorded a loss of $.69 per share on $2.28 billion of revenue for the fourth quarter. Tesla, which dropped Motors from its name last year to reflect its entry into the energy business, . Its letter to shareholders reports that the company expects to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017, and will accelerate expansion double ...
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