The US electric car maker Tesla has recorded surprisingly high losses in the second quarter. Compared with the same period last year, the minus was reduced from 717.5 to 408.3 million dollars (366.5 million euros), as the company of billionaire Elon Musk announced yesterday after US market close.
The expectations were nevertheless far missed. The stock crashed after the stock exchange in an initial reaction by more than ten percent.
Tesla had set the stock market to red numbers, but with such a high loss was not expected. Sales also failed to meet analysts‘ forecasts, despite a strong jump of almost 60 percent year-on-year to $ 6.4 billion.
The delivery target of 360,000 to 400,000 vehicles in the full 2019 confirmed Tesla, although this seems very ambitious despite a record in the second quarter. „We are working to increase our deliveries,“ it said in a letter to the shareholders.
