Since it was founded in 2003, +Tesla Motors has had one month of profitability. http://green.autoblog.com/2009/08/07/tesla-achieves-profitability-in-july-but-for-how-long/ Not one quarter, but one month that was largely a fluke because they shipped a bunch of batteries to Daimler for a build of Smart EDs and delivered a bunch of Roadsters.
The other day, CEO Elon Musk tweeted that the company had been cash-flow positive last week for the first time. While that is certainly progress and Tesla has made progress in a lot of areas this year, it is still far from a trend.
A lot of people have worked very hard over the last nine years trying to make Tesla viable. I hope the company succeeds because they are doing interesting things. But let's not get too excited just yet.
Tesla Motors In The Black, This Week, Tweets CEO Musk
Some of the biggest news of the year has been broken on social networking site, Twitter. For Tesla CEO Elon Musk, that includes regular tweets about the company. Yesterday, he tweeted that Tesla Motor…
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I wonder what the correlation is to the fact that I have multiple friends who took delivery of the Model S last week.