Companies lose billions of dollars as a bet on the future

Companies lose billions of dollars as a bet on the future



17/8/2017 1:24 am

Capitals / agencies

waiting for investors statement companies on the results of its separation to another, especially with regard to major institutions that shareholders are looking for advertising profits and distribution, while targeting some companies working principle "Search for maximizing the value created" more than interest to make profit in the current period , Preferring to focus on future growth.


Losses are rising and
many major US companies are posting strong quarterly losses, but they are raising their future investments in search of growth. Tesla, despite being the largest US automaker by market value. The company is not even interested in reducing its losses, as its results revealed that the losses increased by about 40 percent during the second quarter of this year at 401.42 million dollars.
Despite the failure of Tesla in terms of profits, the revenue level grew by 120 percent during the three months ended June to $ 2.78 billion.
It seems that the American company looks forward to the future more than the present. It is setting up factories that will come out of the light after a period of time and at great cost. It also invests in its main field and spends billions of dollars to finance its aspirations for
its industry.
Last month, the company decided to build the world's largest plant to produce lithium-ion batteries for energy storage in South Australia within 100 days.
"You can charge the battery primarily when you have extra power and the cost of production is very low, and then discharged when the cost of energy production is high," said Elon Musk, Tesla's chief executive. "This will effectively reduce the average cost to the end customer .
The company is also working to develop its car industry and is making every effort to provide the necessary funding. In July, the Tesla 3 model was launched. Since its issuance, Tesla has received 1800 applications a day.
After that success, the company decided to issue $ 1.5 billion in bonds to strengthen its balance sheet and for general purposes.
The president of the company always shows future expectations, saying robots will rely on them "to do everything better than humans in the future." The market capitalization of the largest US automaker is $ 60.28 billion. Since the beginning of the year, Tesla has risen 70.3 percent. Outlook for the future Ober suffered losses of $ 708 million in the first quarter of this year. The US transportation technology company posted a loss of about $ 2.8 billion in 2016. However, the company is in the process of adding further development measures as it plans to issue its own credit cards through Barclays Bank. She said last month that she would allow drivers to get "rattles" or cheats. She also identified the United Kingdom as a country with "tipping" drivers to improve the condition of more than 50,000 of its drivers in Britain.

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