Tesla Motors report: sales plan is completed, but the company is still suffering losses

Tesla company presented its financial report for the 4th quarter of the past year. According to the results of the report, you can see that the plan for the sale of 35 thousand electric cars has been fulfilled. In the fourth quarter, the company sold 11,627 electric vehicles, thus achieving the planned sales for the year. In addition, the company reports that more than 10,000 Model S electric vehicles and about 20,000 Model X have pre-orders, so the company's production capacity is 100% complete.

However, not all customers received their cars on time, as in various regions unforeseen situations arose, such as difficult weather conditions or problems of transport companies. Problem orders will be executed at the beginning of the first quarter of 2015.

Nevertheless, according to the results of the 4th quarter of 2014, the company suffers losses of 108 million US dollars. The total loss for 2014 is $ 294 million. Part of the loss is the result of an expensive dollar, because cars are sold not only in the United States, but also in the markets of other countries.
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The total adjusted revenue for the last quarter of 2014 was 1.1 billion US dollars. At the same time, for the same period of time in 2013, this figure was 761 million US dollars. According to the head of the company Ilona Mask, all projects of the company are implemented as planned, including the construction of a " gig battery factory ." According to the plan, the first products of this factory should leave the assembly line in 2016.

Musk also hopes that in 2015 the sales volume of Tesla electric cars (all models) will be 55 thousand copies.

Unfortunately, the report, despite the positive news, did not make the market too happy with information on the company's losses. As a result, Tesla's market value has dropped by about 3%.