Tesla accelerates production plans for new "more affordable models"

iDNES.cz

Tesla reports drop in sales and profits, accelerates production of affordable cars

Net profit of US electric car manufacturer Tesla in the first quarter of this year fell by 55 percent to $1.13 billion (26.6 billion CZK) and sales decreased for the first time in four years. This is the result of a statement published on Wednesday night. However, the car company also announced that it will accelerate production of new, affordable vehicles, which sent its shares upwards.