Tesla burns $739.5 million in cash on way to record 2Q loss
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
Business
Aug 1, 2018
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Tesla's record net loss in the first quarter and fast-burn through millions of dollars is raising questions about the company's ability to pay all its bills.
Business
May 2, 2018
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Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare to roll out new lightning-fast ...
Business
Feb 1, 2018
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Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that a weakening in networks would be greater than previously expected.
Business
Jul 27, 2017
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Telecoms giant Nokia on Thursday said that falling network sales and costs stemming from acquisitions and its integration of Alcatel-Lucent had resulted in a "disappointing" loss in 2016.
Business
Feb 2, 2017
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Mobile networks operator Nokia continued to be hit by a downturn in the industry, reporting a loss in the third quarter and a 12-percent drop in sales that saw the company's share price plunge more than 7 percent.
Business
Oct 27, 2016
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"Pokemon Go" is giving only a modest boost to Japanese video game maker Nintendo, which has slashed its operating profit and sales forecasts for this fiscal year citing lagging demand for game consoles like the Wii U.
Business
Oct 26, 2016
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Now that Yahoo Inc. is being sold, what other struggling tech companies might soon find themselves on the auction block?
Business
Aug 4, 2016
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Tesla Motors reported Wednesday a larger second-quarter loss than expected as it worked to speed production in the face of strong demand for its electric cars.
Energy & Green Tech
Aug 3, 2016
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Video game giant Nintendo said Wednesday it logged a huge first quarter net loss, despite global hoopla over the launch of Pokemon Go which came too late to boost figures.
Business
Jul 27, 2016
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