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Tesla slips deep into the red

The electric car manufacturer Tesla slipped after half a year with a Win deep in the red. In the last quarter there was a loss of well over 702 million dollars to Tesla after the US market close announced on Wednesday.

In the prior-year quarter had lost Tesla 709,5 million dollars. Sales increased year on year from 3.4 to 4.54 billion dollars.

Tesla pointed out that with the beginning of deliveries of the current bearer of hope Model 3 in Europe and Asia, many of the vehicles at the end of the quarter on the way to the customer. These sales would be booked in the current quarter of the year.

shares were listed in the Plus

However, half of the deliveries of the older models S and X were on 12'100 vehicles. Tesla stated that, among other things, that some of its customers had brought forward their purchases to the previous quarter, to benefit from a higher electric-car-incentives in the United States.

Tesla shares plunged after the presentation of the Figures, first in the loss zone, was quoted then but about one percent in the Plus. (chk/sda)

Created: 25.04.2019, 02:13 PM

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