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Bad Tesla new keeps coming, but the company is doing 3 things right

Matthew DeBordNov 4, 2017, 18:41 IST

Ben Macmahon/AAP Image

Tesla's Q3 earnings were dreadful, but the Model S and X are going to set a sales record for 2017.
Tesla is a good position to build a strong business in China.
CEO Elon Musk is an inspiring, front-line leader.

CEO Elon Musk says Tesla is in production hell with its Model 3, and last week, the company reported the largest quarterly loss in its history as a public company.

The markets wasted no time in hammering the carmaker's stock down below $300. Earlier in 2017, Tesla has surged toward $400.

Adding insult to injury, the Republican tax bill, if passed, would eliminate a $7,500 federal tax credit that every new Tesla owner has been able to claim.

It looks like everything is going wrong for Tesla, all of the sudden. But while the headlines are awful, there's some underlying and overlooked good news.