Aug 1, 2018 - $2.2B of cash and cash equivalents at Q2-end, expected to grow in Q3 .... EV market in the world and Chinese support for electric vehicles has ...
Tesla Second Quarter 2018 Update
Q2 Automotive gross margin increased to 20.6% GAAP and 21.0% non-GAAP Model 3 gross margin turned slightly positive in Q2, expecting roughly 15% in Q3 Expecting to produce 50-55k Model 3s in Q3; deliveries should exceed that Major cost restructuring executed in Q2 $2.2B of cash and cash equivalents at Q2-end, expected to grow in Q3 and Q4 Capex projection in 2018 adjusted to