Saturday , October 23 2021

Musk predicts Tesla record sales in the second quarter of 2019



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WASHINGTON, June 12 – RIA News. Forbes chief Ilon Mask did not rule out that she would set a production and sales record for the second quarter of 2019, Forbes reported Wednesday.

"We do not have a problem with the demand, we do not have a lot of sales, but production is going well, we're doing well and we can end up in a record quarter in all respects. of this." – cites the publication of the word Mask at a meeting with shareholders.

These forecasts were made against the backdrop of more than 700 million losses in the first quarter due to the company's inability to meet the demand for various models. At the end of 2018, Tesla set a production record of 90,000 cars.

Earlier in the quarterly report, the company announced plans to return to profitability in the third quarter after a large loss in January-March. Net loss in the first quarter was $ 702.1 million. At the same time, the company redeemed $ 920 million in convertible bonds and retained reserves of $ 2.2 billion.

The company still plans to provide in 2019 from 360 thousand to 400,000 cars. In the first quarter, only 63 thousand cars were delivered.

In early June, Tesla began accepting pre-orders for Model 3 electric vehicles manufactured at the Shanghai plant, which cost well below imported models. The launch of the first electric cars in Shanghai is scheduled for early 2020. In addition, next year the company plans to launch fully autonomous models and launch the unmanned taxi service in the United States.

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