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Tesla ended in 2018, losing nearly $ 1 billion



Tesla ended in 2018, losing nearly $ 1 billion

Tesla forecasts profits in all the 2019 quarters

In the last two quarters, the company has shown a plan to maintain a positive and positive 2019 trend.

At the end of the four quarters of 2018, the losses of the American automaker of Tesla amounted to $ 976 million or $ 5.72. That is, in the company report published on its website.

Compared to 2017, the company reduced its net loss of 50%.

Annual revenues were $ 21.5 million, and last year they exceeded 82.

In the fourth quarter of 2018, it was 7,2 million dollars, and the net profit for the last three months of the year was $ 139.4 million.

In the third quarter, it was about 311.5 million dollars. Thus, Tesla is the first case of history, which earns the company in the last two quarters.

As noted by Reuters, investors do not inspire Tesla's financial report because analysts have better profits in the fourth quarter.

At the same time, the automaker announces that all the 2019 quarters will be profitable.

Earlier it was reported that Tesla reduced by 7% or had 3.4 thousand permanent employees, as a cost reduction strategy for Tesla Model 3 electric mass production.

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