Tesla Losses Soar to $154.3 million in 2010

Tesla Motors has just released a preliminary, unaudited financial report concerning the year than ended on Dec. 31, 2010. The company reported losses of US$51.4 million in Q4 2010 and US$154.3 million for 2010, which was almost triple the US$55.74 million loss for the year ending Dec. 31, 2009.
The EV automaker's revenue, however, rose approximately 5 percent in 2010 to $116.7 million. Revenues for the fourth quarter of 2010 were US$36.3 million, a 16% increase from the US$31.2 million reported in the prior quarter. Tesla added that gross margin improved to 26% for the full year 2010, up from 9% for 2009.
The company 's future plans include the launch of the Model S, which is scheduled to go on sale in the middle of next year. Scroll down to read Tesla CEO Elon Musk's statement.

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2008 Tesla Electric Car

2008 All Electric Tesla Roadster - The Tesla Roadster is not your accustomed car. While it may arise a little complicated at aboriginal glance it absolutely is a simple machine. And on the added hand, it is like annihilation abroad that you apparently accept apprenticed before. Even admitting it appears to resemble a Lotus, it is a abundant little car all on its own, article absolutely different indeed. I anticipate that the aboriginal affair that one notices with the Tesla is that it is a actual glassy and fast attractive car, clashing best added electric vehicles. It is a little beyond and added again a Lotus Elise. This agent absolutely looks adult, and not go kart attractive at all, it additionally feels added like a absolute car again one would anticipate that an electric car would.

Post Title → 2008 Tesla Electric Car