The loss of "Tesla" for the first quarter of 2019 amounted to more than 700 million dollars

Tesla has lost $ 702 million in the first three months of this year. This loss is associated with a decrease in the number of electric vehicles shipped, a reduction in subsidies for electric cars in the United States and their cancellation in Canada, as well as price adjustments.

In the first quarter of 2019, the American manufacturer supplied 63,000 units of electric cars: 50,900 copies of the Model 3, as well as 12,100 Model S and X. The company's revenue for this period was $ 4.5 billion, which is 2.7 billion less than the fourth quarter of 2018 At the end of last year, Tesla showed a profit of 139 million, with an annual loss of about a billion.

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Despite the deterioration of the main financial indicators, Tesla plans to deliver 360-400 thousand cars this year. The result of the first quarter is 31% lower than the previous one.

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