Wednesday, November 1, 2017
Tesla’s Wall Street hype train hits a speed bump
Tesla’s march toward its goal of being able to produce 5,000 Model 3 vehicles per week is a very expensive prospect — but the company, which says it will have $1 billion in capital expenditures for the fourth quarter this year, says it basically has enough money to hit that target. Despite that, Tesla wasn’t able to completely sate Wall Street’s concerns about the company’s ability to hit those
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