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A Car Company Made a Profit, and It's Tesla!
Posted on August 10, 2009
by Sean F.Two major American auto companies are now essentially owned by the government. All large foreign makers are posting huge losses across the board. All is doom and gloom in the auto world. Wait, I say, wait.
Two major American auto companies are now essentially owned by the government. All large foreign makers are posting huge losses across the board. All is doom and gloom in the auto world. Wait, I say, wait. One wunderkind car company is turning a profit and the most exciting thing about this American company is that the vehicles it is selling are electric. Yes, it is none one other than Tesla Motors, makers of the Tesla Roadster and soon to be Tesla Sedan.
According to data filed with the SEC, the company made a profit of approximately $1 million on revenue of $20 million for the month of July. This is due to strong sales of the Tesla Roadster Sport, a battery deal with Daimler and improved efficiency at its Menlo Park Assembly Plant (a manufacturing miracle in California).
Great news for this green start-up, who was the proud recipient of $465 millions in government loans. The sky is the limit for Tesla Motors.
Originally posted KeenforGreen.com.
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9/16/2009 8:57 amTina Jesson says:
Great news - and an attractive car. Price point is a little high for the average user, but hey what a looker - 200 miles on a single charge.
Anyone know of any other car models that look this good and are green?
Tina Jesson
President
Green Fest Expos
Green Fest Indy 2010 - March 26-28th
Call 317 641 1919 for more info
Wednesday, September 16, 2009
A Car Company Made a Profit, and It's Tesla!
via sustainlane.com
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