Tesla Posts 2Q Loss That's Wider Than Expected

The transcript discusses Tesla's financial performance in Q2, highlighting a larger-than-expected loss and delivery numbers slightly above pre-announcements. It covers the excitement and challenges surrounding Model 3 pre-orders and production. Tesla's production efficiency is improving, with plans to increase vehicle output. Financial projections indicate rising operating expenses due to Model 3 development, with significant capital investments planned. The company is expanding retail locations, which may appeal to investors despite earnings misses.

What was Tesla's adjusted loss per share in the second quarter?

• $0.60

• $1.06

• $1.50

• $0.80

How many pre-orders did Tesla receive for the Model 3?

• 150,000

• 400,000

• 200,000

• 350,000

What is Tesla's planned production rate by the end of Q4?

• 2,400 vehicles a week

• 2,200 vehicles a week

• 1,800 vehicles a week

• 3,000 vehicles a week

By what percentage does Tesla expect its operating expenses to increase in Q3 and Q4?

• 20%

• 35%

• 25%

• 30%

How often does Tesla plan to open new retail locations in Q3 and Q4?

• Every 10 days

• Every 2 days

• Every week

• Every 4 days