Tesla hits a bump in the road with $619m third quarter loss

November 7, 2017

Elon Musk, chief executive officer of Tesla Inc. CHINA DAILY DETROIT-Tesla’s first attempt at mass production appears to have stalled after it recorded a third quarter loss of $619 million. The car company has spent heavily to clear up production bottlenecks and bring its hotly anticipated Model 3 sedan to market. But the loss, of $3.70…