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Elon Musk’s ballyhooing about Tesla Inc. possibly setting another vehicle-deliveries record may have diverted attention from the potential for a less-flattering trend: falling revenue.
Analysts at Credit Suisse and RBC Capital Markets are among those predicting Tesla will post lower revenue for the third quarter than a year ago. If there is indeed a decline, it will be a first for the company since 2012 — the year the Model S started production
Read The Full Article On: Bloomberg