Had a hidden Tesla upgrades Model S and Model X and has reported the losses

26 April 2019

Tesla upgrades the "old" and reported a $702 net loss

Tesla stated that all variants of the hatchback Model S and Model X crossover "significantly" increased capacity and a maximum torque of (but specific numbers not given). Thus, the reserve battery capacity of 100 kWh increased by more than 10% with 335 and 295 miles to 370 and 325 (595 523 km), respectively. Charging time from a terminal, type V2 and V3 halved. Enhanced comfort adaptive suspension. The exterior of both models has not changed, but for the execution Performance of the proposed mode Mode Ludicrous $20, 000 as a gift. In the line appeared again the initial version of the Standard Range, which allowed to reduce the base price of the Model S and Model X to $78 000 and $83 000 to $88 000 and $93 000, respectively for the same basic version of Long Range.

Electrocreaser Tesla Model Y will appear on the market in the fall of 2020, almost simultaneously with the new Roadster and the drone of the 5-th class, i.e., without steering wheel and pedals. By the end of this year, the premiere of a pickup truck in the style of cyberpunk (cyberpunk truck).

The day before yesterday, Tesla has also published the financial report for the first quarter that its revenue from sales of electric cars fell by 41% (from $6.3 billion to $3.7 billion), while total turnover declined by 38% (from $7.2 billion to $4.5 billion). Accordingly, net loss amounted to $702 million, which occurred due to the largest in the history of the company the payment of the bonds, amounting to $920 million, However, cash reserves was the lowest for the last three years, reaching $2.2 billion.
Unfortunately the supply of electric vehicles also fell significantly, so Model 3 was down 31% to 63 000 units and veterans of the Model S and Model X more than half (-56% to 12 + 100). However, Elon Musk assured that Tesla will recoup in the second and third quarters, and confirmed his forecast that in 2019, the clients will be supplied from 360 thousand to 400 thousand cars. Naturally, the stock market reacted to this report by falling shares of Tesla Inc. 3.1%, but "after some reflection" their rate again rose by 2.8%.