Tesla announced a new largest quarterly loss

NEW YORK, may 3. /TASS/. American company Tesla in the first quarter of 2018, ended March 31, recorded a loss of almost $710 million. this is evidenced by published its corporate reporting.

According to the newspaper The Wall Street Journal, this is the fifth consecutive quarter when the company records a record for her financial losses. So, in the third and fourth quarters of 2017, Tesla’s losses were, respectively, $619 million and $675 million In the first three months of 2017, it lost $330 million.

However, the publication stresses that Tesla exceeded analysts ‘ expectations. They predicted that the company will announce even more significant losses.

Tesla also presented data showing that at the end of April, she brought together some of 2.27 thousand of its new electric car Model 3. Previously the company hoped that by the end of 2017 they will be releasing weekly for 5 thousand

Tesla began to build the Model 3 in July 2017, however, faced difficulties in increasing production. The price of Model 3, which is a budget version of the more expensive Model X and Model S starts from $35 thousand In its basic configuration, the car can travel without recharging of about 350 km and Its maximum speed is 210 km/h, acceleration to 100 km/h in about 5.6 seconds.