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.
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