So far this year, electric vehicle companies collapsed more than 25% after successive negative income reports.
The Tesla actions More than 9%collapsed, after the electric vehicle company reported Wednesday after the closing of the market a Strong revenue drop of 12%which would be the greatest in a decade, while fighting the strong cheaper electric vehicles competition and a reaction against the political opinions of its executive president, Elon Muskwho ventured into that matter in the government of Donald Trumpwith whom he ended up distanced.
The papers of the electric vehicle company sink 9.2% to U $302,10 in Wall Street. So far this year, the shares collapsed more than 25%.
The company registered a second consecutive fall of its quarterly income despite having launched an expected renewed version of its Super SUVs, the model and, that investors expected the demand to relive.
Elon Musk-Tesla-India-Minister (Reuters) .JPG
Elon Musk hinted that “some difficult quarters” are coming “in the midst of growing challenges for the car manufacturer.
While the company Elon Musk He also announced that in June he began to manufacture The “first units” of your affordable model and that he expects a serial production in the second half of this year; The income drop report was devastating for investors.
Income fell to U $ S22.5 billion In April-June quarter, in front of the U $ 25.5 billion of the same period of the previous year. The average of analysts expected some u $ s22,740 million, According to data collected by LSE.
Source: Ambito
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