Tesla stock surges despite record loss as Elon Musk apologizes to analysts
by Julia Carrie Wong in San Francisco from on (#3W0VR)
- Company posts $717.5m second-quarter loss
- CEO had criticized analysts in first-quarter call
Tesla's stock price soared in after-hours trading Wednesday despite reporting a record $717.5m loss for the second quarter of 2018, as its chief executive, Elon Musk, appeared to restore investor confidence with an apologetic and restrained performance on an analyst call.
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