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Tesla earnings call summary regarding the Q1 loss while sales hit record high; Model 3 production preparations are on track; SolarCity to stop door to door sales in favor of Tesla showrooms; Tesla to expand body and repair shops, add remote diagnostics and a mobile repair service.Subscribe to this channel: https://www.youtube.com/channel/UCNX6...$1,000 referral code for buyers: http://ts.la/alex7792Latest Tesla News in 60 seconds: https://www.youtube.com/playlist?list...Tesla Tips and Hidden Features:https://www.youtube.com/playlist?list...Latest Tesla vlog: https://www.youtube.com/playlist?list...Tesla earnings call had revealed a wider than expected loss in Q1, but record sales have boosted revenues to double from a year ago. Company had also assured the investors that the Model 3 production prep is on track to begin in July.Tesla SolarCity will no longer sell its products door to door. The sales technique is outdated and does not go well with the general Tesla sales strategy. Instead home energy products like solar panels and the power wall will be sold through Tesla showrooms.The company had also confirmed its plans to expand its certified body shop network and to utilize remote diagnostics to improve long wait times. In addition to that, Tesla also plans to open its own body shops as well as launch a fleet of mobile service vehicles for those repairs that do not require a trip to a facility.Tesla stock had closed at $308.35 on Friday down almost two percent for the week.That’s it for now, see you next week and remember to stay charged!

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Show More Tesla bottom line gain income pay proceeds profit return revenue salary balance emolument gate groceries lucre net payoff receipts remuneration reward salt stipend takings wages in the black piece of the pie take-home debt loss payment bills losses acquisition accomplishment achievement allowance annuity award benefit bonus commission dividend donation earnings fortune gift grant increment inheritance premium prize riches security wealth winnings want need failure defeat lack dearth penalty punishment misfortune forfeit poverty acquisitions accretions achievements acquirements acquirings additions attainments buys gainings gains learnings obtainments possessions prizes procurations procurements procurings properties purchases pursuits recoveries redemption retrievals salvage needs failures lacks dearths surrenders forfeits compensation advantage amends atonement bread consideration counterclaim coverage damages defrayal deserts fee honorarium indemnification indemnity meet 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