2018-02-08 22:05:16

Tesla recorded the largest quarterly losses

Tesla Model 3 pic

Tesla have some problems. The losses for the 4th quarter of 2017 for company is huge.

Americans for the specified period of time received losses amounting to $675 million. The Wall Street Journal writes that the company had not experienced such financial losses before.

Compare for the previous quarter, Tesla's losses amounted to $619 million, and for the 4th quarter of 2016 losses $121 million. It turns out that for a year losses from the manufacturer of electric cars increased by 5.5 times.

According to the founder of "Tesla" Ilona Mask, in 2018 the operating income of the company will be steadily positive. In the second quarter of this year the automaker will produce 5,000 copies of the Model 3 every week.

Tesla news