Tesla posts its first profit
By Andrew C., 30 Aug, 2010. 0 Comments
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Tesla Motors is claiming to have reached overall corporate profitability based on strong sales recorded in July with $1 million in earnings and $20 million in revenue. Profitability is said to have come from the bigger margin of the new Roadster 2. In July, 109 vehicles were sold driving income further up. However, there are speculations that Tesla isn´t revealing the entire picture and that Tesla has carefully worded its press release to imply its success without giving away the full facts.
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