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An increase in profits on Tesla, again

for the Last time, it was time for Tesla to make its numbers, the company showed unexpected profit for the first time. This has led to a very positive developme

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An increase in profits on Tesla, again

for the Last time, it was time for Tesla to make its numbers, the company showed unexpected profit for the first time. This has led to a very positive development of the share price, which rose by 124 per cent in the three months of the year. Tesla's market cap is now over $ 100 billion, making it the world's second-most valuable automaker behind Toyota.

however, Despite the high expectations, the yesterday, He, therefore, better than analysts ' forecasts. The net sales increase of 19% compared to the same period of the previous year. The price was as much as 25 per cent, higher than had been expected.

"Elon Musk turns into a real pangrapport, is a major achievement, given that expectations are already too high," says Leigh Bratt, an economist at the bank in Nairobi.

the price of the electric car, the Model 3, which attracts the customers. During the quarter, made He more than 87.000 copies of the model, to be compared with the more than 18.000 of the Model S and Model X combined. The report indicates that the new, more expensive Model, the Y begin to be produced in the month of January.

this is An important event for the company during the quarter was the opening of a manufacturing facility in Shanghai, china, with the first cars rolled out in december. With the new factory and hope He is able to meet the demand in China and also able to by-pass any barriers to trade between China and the united states.

”Because of the demand from chinese customers is greater than expected, our goal is to increase the production of the Model 3 even further,” writes Tesla in the quarter.

Tesla's stock price of about seven per cent. According to Leigh Bratt, is there a hajp, surrounding the company in which she is the was previously around the Apple.

" He's a real turning point. Some people believe that there is a huge bubble that will burst, while others believe that He will be the new standardelbilen. There is a big uncertainty and a big drop, because of the high level of the rating is based on the speculation of what's going to happen in many, many years, " says Leigh Bratt.

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