Tesla's revenues are lower than forecast in the second quarter of 2019

NEW YORK (Reuters) – US tech giant Tesla on Wednesday announced a lower turnover than badysts' estimates for the second quarter of this year, down nearly 8 percent in post-closing transactions.

The company's total revenue reached US $ 6.35 billion compared to US $ 4 billion for the quarter ended June 30, which is lower than badysts' estimates of US $ 6.41 billion, according to data from # 39; Ives.

In May, Tesla announced the closing of the sale of shares and bonds for $ 2.35 billion, giving the company the cash needed to develop electric car production.

According to the Wall Street Journal, Tesla's equity and bond sales attracted strong investor demand, pushing its convertible bonds from $ 250 million to $ 1.6 billion.

Tesla raised nearly $ 750 million through the sale of 3.1 million shares at an estimated price of $ 243 per share.

A range of US models experienced a relative decline in sales in April, particularly for the 3, S and X models, according to the US agency Inside E, a news agency specializing in electric cars.