Tesla lost more than $700 million over 3 months

Tesla Motors for the first quarter of 2019 has missed as much as 702 million dollars.

Tesla reports, only in the first 3 months of 2019, they sold 63 thousand electric vehicles. The items are 31% less than the results of the same period of 2018.

The director of Tesla Elon Musk said that the company will return to improves sales figures from the third quarter of this year. In addition, their plans including an increase in the production of electric vehicles in 2019 to 400 thousand cars.

Recall, a month ago, Tesla presented a brand new compact electric car Model Y. The minimum car costs $39,000.