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Tesla posted a record of revenue and loss simultaneously

Elon Musk is able to surprise, there is plenty of evidence for that. His company Tesla published a report on the past financial quarter. It turned out that it was marked by two records: by total revenue and by loss. The first was $ 3.4 billion, which is 19% higher than in the same period a year earlier, but the final minus reached $ 710 million.

The Tesla finisher, however, is full of optimism and promises to go “into the green zone” in the second half of 2018. The company recognizes the production problems with Model 3, but note that the total volume of pre-orders for the car still exceeds 450,000 copies. Explain the trend can be different. Either “refuseniks”, despite a long delay of about six months, not so much, or Tesla effectively attracts new customers.

In any case, the company is making an active effort to increase the volume of production of Model 3. To go into a plus, the company needs to produce at least 5,000 cars a week. This is more than twice as much as at the moment.

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