Is Tesla motors doing well or are their sales going down?



  1. 0 Votes

    Tesla’s sales are going up and their revenue is improving. However, they do not expect to turn a profit for another year or two in 2012. They are working on a Model S sedan which, with many sales, they believe will earn them a profit. There appears to be some discrepancy, however, over whether or not they have turned a profit. The source I am using is an article published in August, 2010 by Reuters, but other sources including CNN reported in August 2009 that Tesla turned a profit after making record sales for their Roadster 2 car. Therefore, their sales are definitely improving and their product is more popular but it doesn’t appear that the numbers compute so that they could have made an overall profit in 2009. 

Please signup or login to answer this question.

Sorry,At this time user registration is disabled. We will open registration soon!