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Tesla quarterly revenue more than doubles

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Tesla quarterly revenue more than doubles

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(Reuters) – Electric-car maker Tesla Inc’s <TSLA.O> quarterly revenue more than doubled, driven by deliveries of its high-end Model S sedans and sports utility vehicle Model X. However, the company’s net loss attributable to shareholders widened to $336.4 million (254.36 million pounds) for the second quarter ended June 30 from $293.2 million a year earlier. http://bit.ly/2uXmTL2 On a per share basis, net loss attributable to shareholders narrowed to $2.04 from $2.09. Revenue rose to $2.79 billion from $1.27 billion.

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sriraj Kalluvila)
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