RE: Tesla to post first-ever profits
Tuesday 2nd April 2013
Tesla Motors announced this weekend that it’s set to announce a quarterly profit for the first time in its 10-year history.
Model S has sold better than expectedThe California-based electric car manufacturer has revealed that sales of its new Model S saloon topped predictions, with final registration figures totalling 4,750 – 250 above Tesla’s target. It’s a milestone moment in the company’s history, and will undoubtedly be a relief for Tesla’s outspoken founder Elon Musk, who’s had to contend with a run of negative PR in past months. “There have been many car start-ups over the past several decades, but profitability is what makes a company real,” he said. “Tesla is here to stay and keep fighting for the electric car revolution.” The news contrasts the problems faced by embattled eco car maker Fisker, currently struggling with battery supply issues and feeling the heat after the resignation of its founder.
Tesla to post first-ever profits
Elon Musk says success of Model S saloon means electric car maker is now a 'real company'
Model S has sold better than expected
As part of the announcement, Tesla also confirmed that it will drop the slow-selling 40kWh version of the Model S, focussing instead on the faster and longer-range 60kWh and 85kWh versions.
Tesla’s announcement caused the company’s share price to jump by more than a fifth, with the result that the company is now valued at around £3.3 billion. It’s also promising news for recent start-up Detroit Electric, which hopes to follow the path Tesla’s trodden by commencing production of an electric Lotus-based roadster, before expanding into the manufacture of further models.
Discussion
As part of the announcement, Tesla also confirmed that it will drop the slow-selling 40kWh version of the Model S, focussing instead on the faster and longer-range 60kWh and 85kWh versions.
Its just a money making exercise, the environment stuff is pure bluster. How many millions of US tax dollars have been invested in this company??
They made a profit on a qtr, the company is MASSIVELY in debt
Its just a money making exercise, the environment stuff is pure bluster. How many millions of US tax dollars have been invested in this company??
They made a profit on a qtr, the company is MASSIVELY in debt
Still puzzled about where all the 'grenhouse gas' produced by the powerstations that generate the electricity for thse cars goes? I guess it's just a case of moving away from one area to another? Unless of course they are nuclear power stations but greenies don't like them. Anyway it's a nice looking car but there are plenty of nice looking cars, I just don't get the green aspect.
I can't see why people get all flustered about Electric cars.
If you don't want one, don't buy one
Remember 15 years ago (probably many of you don't actually), when the only diesels were tractors and taxis?
If you want to be driving your own car when the oil runs out (or you can no longer afford a litre from your monthly salary!) then electric is, currently (ho ho), the most viable option, so we should all follow the success (or otherwise) of Tesla, Fisker and the others, with interest.
I have no plans to buy an electric car, but it's interesting to see how things like the new Tesla are moving from 'early adopters with stupid amounts of money' to 'early adopters'. Will be interesting to see where we are in 5 or 10 years time.
Of course, in principle, you can generate electricity with minimal environmental impact, the fact we don't at the moment isn't the fault of the electric car makers.
M
If you don't want one, don't buy one
Remember 15 years ago (probably many of you don't actually), when the only diesels were tractors and taxis?
If you want to be driving your own car when the oil runs out (or you can no longer afford a litre from your monthly salary!) then electric is, currently (ho ho
), the most viable option, so we should all follow the success (or otherwise) of Tesla, Fisker and the others, with interest.I have no plans to buy an electric car, but it's interesting to see how things like the new Tesla are moving from 'early adopters with stupid amounts of money' to 'early adopters'. Will be interesting to see where we are in 5 or 10 years time.
Of course, in principle, you can generate electricity with minimal environmental impact, the fact we don't at the moment isn't the fault of the electric car makers.
M
RichB said:
Still puzzled about where all the 'grenhouse gas' produced by the powerstations that generate the electricity for thse cars goes? I guess it's just a case of moving away from one area to another? Unless of course they are nuclear power stations but greenies don't like them. Anyway it's a nice looking car but there are plenty of nice looking cars, I just don't get the green aspect.
There are a couple of issues here:1.) No Petrol tankers were used to deliver the electricity to you local plug.
2.) Generation of electricity on mass and using it locally is more efficent than burning petrol/ desiel locally.
No one (who counts) claims these are 100% environmentally neutral, just that this is a better way to go and the begining of a new phase of motoring.
I wish them the best of luck. I think it's a great looking car and it deserves to do well.
I don't understand all the negative criticism, they are a company who aims to make a profit for their share holders, they make a product that is good looking and is interesting. I don't really care about the 'green' credentials as I think it's all a load of rubbish, however as a 'car', I think it's pretty cool.
I don't understand all the negative criticism, they are a company who aims to make a profit for their share holders, they make a product that is good looking and is interesting. I don't really care about the 'green' credentials as I think it's all a load of rubbish, however as a 'car', I think it's pretty cool.
dlockhart said:
RichB said:
Still puzzled about where all the 'grenhouse gas' produced by the powerstations that generate the electricity for thse cars goes? I guess it's just a case of moving away from one area to another? Unless of course they are nuclear power stations but greenies don't like them. Anyway it's a nice looking car but there are plenty of nice looking cars, I just don't get the green aspect.
There are a couple of issues here:1.) No Petrol tankers were used to deliver the electricity to you local plug.
2.) Generation of electricity on mass and using it locally is more efficent than burning petrol/ desiel locally.
No one (who counts) claims these are 100% environmentally neutral, just that this is a better way to go and the begining of a new phase of motoring.
I like that car, and I also like the small Lexus/Toyota hybrids. Less emissions can only be good............however:
As only 0.5% of harmful emissions are from road traffic (and most of that is commercial vehicles) can I politely remind Mr Cameron that the other 99.5% needs addressing (and taxing - eg Airline fuel - as air travel is about 3% of the harmful emissions) properly rather than mugging and blaming the motorist.
As only 0.5% of harmful emissions are from road traffic (and most of that is commercial vehicles) can I politely remind Mr Cameron that the other 99.5% needs addressing (and taxing - eg Airline fuel - as air travel is about 3% of the harmful emissions) properly rather than mugging and blaming the motorist.
So when that New York Times journo published an article explaining exactly how far short of Tesla's claims the Model S falls, and Musk went absolutely apes
t trying to sue them for millions of dollars' damages, he was talking total bks when he claimed the article had cost them thousands of sales?
Imagine that.
I quite like what the company is doing, but that guy is a clown.
t trying to sue them for millions of dollars' damages, he was talking total bks when he claimed the article had cost them thousands of sales?Imagine that.
I quite like what the company is doing, but that guy is a clown.
Gassing Station | General Gassing | Top of Page | What's New | My Stuff