Tesla suffers record losses

American company Tesla reported a record loss of $717.5 million in the second quarter of the fiscal year. Losses are largely related to investing in new models, particularly in the Model 3 electric car. Earlier, in February 2018, the company issued a statement that it had suffered the largest quarterly loss in history in the amount of $675 million, but after six months, the record was broken.

Over the past week, Tesla shares fell 1.8% and are expected to continue their negative movement based on the news after the opening of the trading session. Trading will be available during the American trading session, from 13:40 to 20:00 GMT.

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