New YorkThe appeal seems to have worked. In an E-Mail from last August inspired Elon Musk to his staff: “We are only a hair’s breadth in front of it, to achieve a good third quarter,” wrote Tesla CEO. For as many cars as possible built and delivered now, while “we are cutting at the same time all non-essential costs”.
The call came: For the months of July to September, Tesla announced good Figures: sales shot up compared to the previous year, of 937 million to $ 2.3 billion. Also, the car maker turned a loss from the previous year in the amount of $ 230 million to a profit of $ 22 million. So that Tesla wrote for the second Time in its history, the black, the last Time this was achieved in early 2013. Also in the fourth quarter, Tesla wants to show a profit.
, The company of Elon Musk
The stock rose after the publication of the quarterly report was approximately four percent. The results wiped some of the fears of investors from the table. Bob Lutz, former Vice Chairman of General Motors, brought the criticism to a few hours earlier, before the publication of the Figures in a television interview on the spot. The Fans of Tesla are like “members of a religious sect”. Musk have delivered “nothing, except a larger negative Cash Flow, a larger income expenditure minus and more and more capital”. The allegations, which could invalidate the Tesla boss with the the past quarter. The electric car pioneer comes on a stock market value of around 30 billion dollars, while it’s competitor, General Motors brings to $ 49 billion, although the auto giant from Detroit converts to 30 Times as much as Tesla.
Musk had to pay in the past, often the promise is not complied with, such as in the case of production or the amount of vehicles that should be delivered. This time, however, the 2003-founded company showed itself to be disciplined, the deliveries of 24.821 Model-S and Model-X-car-doubled compared to the previous year. “Tesla needed the success of urgent”, said Rebecca Lindland, an analyst of the industry-consulting, Kelley Blue Book.
the problems in the production seem to be out of the world. Tesla is well on the way to the promised production volume of 50,000 vehicles in the second half of the year to comply with. An important milestone for the company that wants to join in next year with the Model 3 in the mass market. “We stick to our Plan in the Timing and volume of the vehicle features, the pricing and profit margins,” said Tesla for the Model 3.
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Musk drove his staff another reason to reach peak performance. He needs a strong share price. In a few weeks ‘ time the shareholders vote on a Takeover by Solarcity, the solar company should be purchased with Tesla shares. The Deal, few analysts and investors do not see a critical.
food were skeptics of a new Ranking of the product tester of the “Consumer Reports”. The awards a few years ago 99 out of 100 points for the Model S. However, now the car brand fell to 25th place out of 29 in terms of reliability, such as the U.S. consumers Foundation said on Monday. Especially technical problems with the new SUV Model X, as well as with its futuristic gull-wing doors made the brand strong in the Ranking decline.
Musk was already a few months ago, to be too ambitious at the Model X is””. In Model 3