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In the fourth quarter of 2017, Tesla now lost its biggest quarter ever

 Last Update: 2022-12-26
 Source: Internet
 Author: User

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Electric car maker Tesla reported its biggest quarterly loss
ever.

In the fourth quarter of 2017, Tesla now lost its biggest quarter ever

Tesla released an earnings report showing a loss of $675.
4 million in the final three months of 2017, compared to a loss of $121.
3 million
in the same period last year.

The loss was partly due to
production bottlenecks in the $35,000 Model 3.
This shows that the company has learned a lot from the difficulties encountered in this process
.

Despite these challenges, Tesla's revenue increased from $2.
3 billion to $3.
3 billion in the fourth quarter.

Tesla said Model 3 production will continue to reach 2,500 units by the end of the first quarter of 2018 and 5,000 by
the end of the second quarter.

Tesla said: "It is important to note that previous experience with Model 3 production bottlenecks has shown difficulties in accurately predicting specific productivity time points
.
”

，

Electric car maker Tesla reported its biggest quarterly loss
ever.

tesla

In the fourth quarter of 2017, Tesla now lost its biggest quarter ever

Tesla released an earnings report showing a loss of $675.
4 million in the final three months of 2017, compared to a loss of $121.
3 million
in the same period last year.

The loss was partly due to
production bottlenecks in the $35,000 Model 3.
This shows that the company has learned a lot from the difficulties encountered in this process
.

Despite these challenges, Tesla's revenue increased from $2.
3 billion to $3.
3 billion in the fourth quarter.

Tesla said Model 3 production will continue to reach 2,500 units by the end of the first quarter of 2018 and 5,000 by
the end of the second quarter.

Tesla said: "It is important to note that previous experience with Model 3 production bottlenecks has shown difficulties in accurately predicting specific productivity time points
.
”

，

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