Tesla falls on & # 39; disappointing quarterly performance



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Tesla's head, Elon Musk, talks at a company launch eventPhotocopy
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Tesla's head, Elon Musk, talks at a company launch event

The Tesla department has dropped after the electric craftsmen reported that it lost expectations for delivery and will cost its prices; vehicle with $ 2,000 in the US.

The price cuts, which apply to Model S cars, X Models and Modal 3, will result in a reduction in green tax credits.

Tesla said he delivered 90,700 vehicles in the three months to December.

His division fell by 8% at the start of the US trade.

Despite the news on price cuts, Elon Musk's head asked Tesla customers to use federal tax credits.

There is a value of around £ 6,000 ($ 7,500), these beliefs are set to reduce by half after the first 200,000 delivery of Tesla vehicles in the US.

The company also said that he delivered 63,150 Model 3 in the # 39; Fourth, to a small extent of FactSet estimates of 64,900.

Nicholas Hyett, Equalist Analyst at Hargreaves Lansdown, said that investors had been expecting "Herculean Games".

"For most automobiles, these would be very impressive numbers – they are almost the problem of the number of vehicles you give in just one year, it is not so important, "he said.

In the previous product statement, Tesla promised to focus on & # 39; increasing its level of production, which is essential to the company's long-term profit.

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