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Tesla is losing millions, but delivers electric cars

Shares of pharmaceutical giant Tesla fell 10% after the publication of data on losses in nearly half a billion dollars.

However, this does not prevent him to start a record of delivery vehicles.

The company produced 87,000 electric cars during the quarter and shipped about 95 000 of them in just 3 months, it brought in earnings of $ 6.3 billion.

Loss of 408 million — a much smaller amount of loss of the Tesla than in the last quarter — then the manufacturer has lost 702 million. About 117 million dollars of losses have been identified as “restructuring costs related to redundancies of staff and closure of shops”.

Source:news.rusrek.com
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