Economy. Electric car manufacturer Tesla, perhaps the world’s most hyped companies right now, several problems to contend with. Investments and development projects devours money and fatal accident with the company’s autonomous car casts a shadow over the technology. This does not prevent the charismatic CEO Elon Musk to come up with new crisp lines.
Tesla had revenues of $ 1.3 billion in the second quarter, an increase of over 30 percent compared with the same period last year . Meanwhile, the Company reported an increased loss of $ 293 million, or about SEK 2.5 billion, an increase of 60 percent compared with the same period last year.
The company delivered more than 14,400 vehicles in the second quarter and production was 2 000 a week. Production capacity was reported to be increasing steadily. Tesla’s goal is to deliver 50,000 vehicles in the second half of the year, and 500 000 vehicles during the 2018th
Tesla has invested heavily in its battery factory “Gigafactory” and is developing a new model, the Model 3, which shot up in way of costs.
Elon Musk acknowledges that the past six months have been tough.
– We have been in a production hell the last six months, he said on a conference call on Wednesday, adding that he will personally visit all subcontractors who have problems, reports the Wall Street Journal.
the fatal accident, which occurred in Florida in May, has not received Musk to slow down with the release of the company’s future autopilot system.
– Completely self-driving cars (full autonomy) will hell of a lot faster than anyone thinks. What we are developing will flooring people. It golvar me.
Just a few days ago it became clear that Tesla is buying the American solar panel manufacturer Solar City for the corresponding 22 billion.
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