Tesla loses $ 4,000 on each vehicle sold

Tesla has published financial statements for the second quarter of 2015. As it turned out, Tesla Motors is still far from making a profit. Despite the fact that during this period 11523 electric cars were sold, the company's loss amounted to $ 47 million. It turns out that Tesla loses $ 4000 for each electric vehicle sold.

In addition, Ilon Mask, head of Tesla Motors, said that this year the company will have additional capital expenditures in the amount of $ 1.5 billion. This money will be spent on launching a new electric car model, Tesla X.


Revenues and expenses Tesla Motors. Source: Company Report

Immediately after the publication of the financial report, the company's shares began to fall in price. And for Thursday-Friday, in just two days, Tesla Motors lost about 11% of the cost. It should be noted that a year ago, the company's value was estimated at $ 2.67 billion. Now, the price of Tesla Motors has more than doubled, reaching $ 1.15 billion.
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In the second quarter, the company's operating costs, as well as the costs of research and development, increased significantly.