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Tesla Inc.

CEO Elon Musk's rocket venture is making major strides in space, but his car company is struggling to find profits on the ground.

A day after SpaceX successfully launched the most powerful rocket in the world, Tesla posted a $675.4 million net loss for the fourth quarter of 2017, compared with a net loss of $121.3 million a year ago. The company reported total revenue of $3.29 billion for the quarter, up from $2.28 billion in the fourth quarter of 2016.



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Tesla Posts Massive Loss In 4th Quarter And The Model 3 Is To Blame

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