Tesla is developing a certified pre-owned vehicle program similar to those already offered by luxury brands such as BMW and Mercedes. “With the Model S fleet now heading toward the first cars hitting three years old, we are looking at CPO and how best to structure.” VP of Communications Simon Sproule told Automotive News. In… Read more »
Search Results Found For: "tesla margin"
Q&A with the EV trailblazer Tom Gage Tom Gage is one of America’s true EV pioneers. He’s perhaps best known as one of the designers of the tzero electric sports car that provided the inspiration for the Tesla Roadster. However, that is far from his only contribution to the electric mobility field. Charged recently caught up… Read more »
Tesla has done it again. Financials for the fourth quarter of 2013, released this week, show record sales, growing revenue and dwindling net losses. Wall Street dug it. TSLA stock has broken out past the $200 mark and set a new all-time high. By the way, the stock market utterly ignored last week’s report of… Read more »
Tesla’s earnings report for the third quarter of 2013, released Tuesday, told a tale of steady, if modest, progress on almost all fronts. The company delivered a record number of vehicles, increased its gross margins, increased its cash balance – and either earned or lost money, depending on how you’re counting. Just over 5,500 Model… Read more »
Last evening, Tesla Motors announced its Q2 2013 financial results, and afterward, Chairman & CEO Elon Musk and CFO Deepak Ahuja took questions from journalists and analysts for about an hour. As expected, Musk did most of the talking, and covered a lot of ground concerning Tesla’s future production plans and international expansion. On… Read more »
Publications across the media spectrum, including former skeptics, are now cheering the California company on.
Those who follow the markets know that earnings reports – good or bad – tend to trigger big moves in a stock price only when they are surprises. No one knows this better than master showman Elon Musk, so in a way it was no surprise that the size of Tesla’s first-ever quarterly profit, announced… Read more »
Tesla announced this week: “Yes, we will be announcing a Model S price increase in the near future."
Forbes reaffirmed its optimistic outlook for Tesla Motors’ stock, while noting three major risks that could put the brakes on the bull.
CEO Elon Musk, usually a relentless optimist, admitted to the huge hurdles ahead when he spoke at the National Clean Energy Summit last week in Las Vegas.