Tesla posted a record quarterly loss as it ramps up production for its first mass market vehicle
https://www.recode.net/2017/8/2/16080552/tesla-q2-2017-earnings-still-losing-money-model-3
Tesla is receiving an average of 1,800 Model 3 reservations a day but is still losing money as it prepares to deliver on its most ambitious plan to date: Selling electric vehicles to the masses.
That delivery rate will start off slowly but increase exponentially, as CEO Elon Musk has previously said.