Musk plans to launch Model Y crossover in early 2020; Tesla losses grow in Q1

Musk plans to launch Model Y crossover in early 2020; Tesla losses grow in Q1

Tesla could begin production of its Model Y small crossover in early 2020, CEO Elon Musk said. Tesla also said it lost another $785 million during the first quarter — nearly double the $397 million loss from a year ago.

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