Tesla reported a loss of a billion dollars

690

Photo: Lucy Nicholson / Reuters

The losses of the American company for the production of electric cars Tesla in 2018 was approximately $ 976 million. This is evidenced by data contained in the published corporate reports, reports TASS.

It is noted that total revenues for last year amounted to 21.4 billion dollars, which is a record for all time of existence of the company. In the fourth quarter revenue rose to $ 7.2 billion, and net profit has made 139,4 million dollars. In the third quarter, this figure stood at around 311,5 million dollars. This is the first case where Tesla records a profit for two consecutive quarters.

The company suggested that 2019 will be profitable for them and promised to achieve the promised production volumes of electric cars Model 3 – 500 thousand cars a year between the fourth quarter of 2019 and the second quarter of 2020.

In January, Tesla was faced with new challenges: the company said that withdrawing from China more than 14 thousand cars. The reason was explained by the faulty airbags that were manufactured by Japanese company Takata. After tripping mechanism cushions the generators were damaged, and debris flew into the cabin and were a threat to drivers and passengers.

Video, photo All from Russia.



LEAVE A REPLY

Please enter your comment!
Please enter your name here