Tesla's new sports car burns rubber while company burns money at US$8,000 a minute
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New York
ELON Musk said last week that Tesla Inc is designing a new sports car that could go from zero to 60 mph (96.6 kmh) in 1.9 seconds.
Not bad, but here is a speed number that investors might want to focus on instead: Over the past 12 months, the electric-car maker has been burning money at a clip of about US$8,000 a minute (or US$480,000 an hour), Bloomberg data show.
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