Tesla lost a billion dollars for 2018, but Elon Musk is not discouraged

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2019-01-31 17:45:08

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Tesla lost a billion dollars for 2018, but Elon Musk is not discouraged Source:

Last year, Tesla was faced with a huge number of problems. As it turned out, all of it hit hard on its financial condition corporate report showed that in 2018 the company lost nearly $ 1 billion. On the background of this news announced the imminent dismissal of Tesla CFO Deepak Ahuja — he will leave his post after a few months. However, the company maintains optimistic Outlook for the future, because it has good results.

Situations where the company Tesla lost a lot of money in 2018 was a lot. That alone is worth the scandal and the trial because of tweet Elon musk about his plans to turn Tesla in . Also, the company had big problems with production of the Tesla Model 3, then what was . Many problems also arose due to issues with the Takata airbags is because of them the company was forced to withdraw from China more than 14 000 vehicles of its own production.

According to the Washington Post, the company also spent about $ 700,000 on personal flights Elon musk. The Tesla representative Dave Arnold explained that these movements are an important part of Tesla's business, and without them can not do:

We don't yet know how to teleport, and he [Elon musk] there is no other way to run a business as effectively.

In November, the head of Tesla admitted that 2018 was the worst in his career. He recalled that in some moments he worked about 120 hours a week, and it has aged him by 5 years. He admitted that competing car manufacturers produce excellent cars and to maintain leadership, companies need to invest in the lot of effort.

the

Financial success Tesla

With all this, the financial report of Tesla, there are very positive sides. In 2018, the company received a record revenue of $21.4 billion dollars. Also do not forget that in 2017 the company was in an even more difficult situation — when its expenditures reached 1.9 billion dollars.

The company is highly optimistic views of the future — she believes that every quarter of 2019 will generate a good profit. From Elon musk in mind there are plenty of intriguing ideas — for example, he says that the next Tesla Roadster will be capable of .

You must have something to say about this news, share your thoughts in the comments! Also do not forget to look at where there has been lively debate on the topic of science and technology!

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