While patriots dream about the collapse of Tesla, its stock is rising

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Пока ура-патриоты мечтают о крахе Тесла, ее акции растут

MOSCOW, may 3 — RIA Novosti. American electric car manufacturer Tesla in the first quarter was a loss of almost 710 million dollars — that’s more than double the loss for the same period last year, according to the report of the company.
According to the newspaper The Wall Street Journal, is the largest quarterly loss in company history, but in General, Tesla is suffering record losses for the fifth quarter in a row.

Loss per share amounted to 4.19 2.04 dollar against the us dollar, the company informed. Quarterly revenues Tesla in annual terms increased by 26% to 3.41 billion.

The company notes that it has made significant progress in the production of cars Model 3 and plans to make a profit in the third and fourth quarters. It is possible to produce five thousand Model 3 a week. Over the past three weeks, Tesla produced more than two thousand cars of this model.

The company Tesla Motors was founded in 2003 as a developer and manufacturer of electric vehicles and the technologies associated with them. The headquarters is located in Palo Alto, California. In addition to electric vehicles, Tesla produces batteries and electric motors that sells to other auto companies, particularly Toyota and Daimler.

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