Concerns over company’s future after it burned through $745.3m in cash during important quarter, though revenue grew 26%

Tesla posted a record $709.6m net loss in the first quarter and burned through $745.3m in cash while struggling to crank out large numbers of its Model 3 mass-market electric car.

The loss and cash burn announced Wednesday raised questions about the company’s future and whether it would be able to pay all of its bills by early next year without more borrowing or another round of stock sales.

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Read More Tesla posts record 0m net loss as it struggles to produce Model 3 cars

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