Tesla showed a record loss

Tesla showed a record loss

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Thus, Musk expects the company will be profitable this year.

The Company Tesla Inc. finished with a record loss in the first quarter of 2018, at $710 million, while during the same period last year, the net loss was $330 million.

About it writes the Internet-the edition with reference to .

At the same time, the company plans to receive profit in the third and fourth quarters of this year. For this, companies need to increase to the summer issue of electric Model 3 to 5 thousand a week with a 2270, which is today.

Despite the figures, previously chief Executive officer of the company Musk called 2018 “transformative year” for Tesla.

Musk, all is lost. Seven factors that can put Tesla in the world this year
Note that Tesla in the fourth quarter of 2017 received a record net loss for such period. Net loss in October-December increased to $675 million compared to c $121 million for the same period in 2016.By the end of 2017 Tesla loss exceeded $1.4 billion, with many forecasts, the Mask has not been confirmed, said MarketWatch.

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