The director of Tesla will leave the company because of a loss of $ 1 billion

Trading 31 jan 2019 Donner votre avis

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The head of the American manufacturer of electric cars Tesla Elon Musk announced that the financial director of the company Deepak Ahuja will leave his post this year amid unsatisfactory financial results.

In 2018, Tesla suffered a loss of $ 976 million, but compared with the previous year, it declined more than twice, the previous year the figure was $ 1.9 billion.

At the same time, the company achieved record revenue of $ 21.4 billion, in the fourth quarter it was $ 7.2 billion. The last two quarters for the company were successful, in the third quarter the net profit of the manufacturer of electric cars reached $ 311.5 million, in the fourth, $ 139.4 million.

Earlier, on January 18, Musk said that the company would cut 7% of employees (3,400 people) in order to reduce costs to increase production volumes of Tesla Model 3 electric vehicles.

The head of the company called 2018 the worst in his career, during which he aged for five years.

During yesterday's trading, Tesla's stock price rose by 3.80%, to $ 308.77, the maximum since January 18.

The material has been provided by InstaForex Company - www.instaforex.com

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