xcel
08-07-2009, 11:43 AM
http://www.cleanmpg.com/photos/data/2/AmericanFlag.jpg BEV_company earns first profit. (cleanmpg.com/forums/showthread.php?p=226343)
http://www.cleanmpg.com/photos/data/501/2011_Tesla_S_Sedan_Drivers_Side_Front_Profile_Headline.jpgWayne Gerdes - CleanMPG (cleanmpg.com) - Aug. 7, 2009
2011 Tesla Model S - $57,400 to start and a 300 mile all-electric range with optional larger cap Li-Ion pack.
Record deliveries in July and expansion in Europe should become sustainable
Tesla Motors attained a significant milestone in July when it achieved overall corporate profitability with approximately $1 million of earnings on revenue of $20 million.
Tesla reached overall corporate profitability while continuing to develop the all-electric Model S sedan and opening regional sales and service centers. Profitability arose primarily from improved gross margin on the Roadster 2, the second iteration of Tesla’s award-winning sports car.
Tesla shipped a record 109 vehicles in July and enjoyed a surge in new Roadster purchases. In the third quarter, the privately held company will make significant deliveries to European customers while expanding its presence in several countries.
“We achieved a bottom-line profitability thanks to a tremendous amount of hard work by the Tesla team to improve quality, while simultaneously reducing costs on the Roadster,” said Tesla CEO and Product Architect Elon Musk. “This also shows that there is strong demand for a car that is unique in offering high performance with a clean conscience. Moreover, customers know that in buying the Roadster they are helping fund development of our mass market electric cars.”
The highly acclaimed Roadster -- faster than a Porsche and twice as energy efficient as a Toyota Prius – is the only highway-capable electric vehicle for sale in North America or Europe. It’s the first production EV to travel more than 200 miles per charge and the first US- and EU-certified Li-Ion BEV. With an estimated range of 244 miles per charge and zero tailpipe emissions, it offers supercar performance with a clean conscience.
The Roadster 2, which Tesla is building and shipping to customers now, features an array of enhancements. Those include a more powerful heating, ventilation and air-conditioning system, more comfortable seats and a more luxurious dashboard and cabin.
Bank of America - Financing
Last month, Tesla announced Roadster financing through Bank of America. Financing means the Roadster can have lower total monthly costs than some sports car with a similar sticker price. Prospective customers may complete loan documents in Tesla’s showrooms or online.
The Roadster is six times as energy-efficient as comparable sports cars and costs roughly $4 to fully recharge – a bargain even when gasoline costs less than $1 per gallon.
Tesla sells cars online and at showrooms in California (Menlo Park and West Los Angeles), New York City, Seattle and London. Tesla is rapidly expanding its network of showrooms this summer with stores in Chicago, South Florida, Washington DC, Toronto, Munich and Monaco.
Tesla received Department of Energy approval for $465 million in low-interest loans for new production facilities while also developing the Model S sedan. The all-electric sedan will have a base price of $49,900, roughly half the price of the Roadster. Reducing unit cost on the Roadster is helping Tesla to bring the Model S to market at a vastly lower price point, paving the way to mass-market EVs for mainstream buyers.
http://www.cleanmpg.com/photos/data/501/2011_Tesla_S_Sedan_Drivers_Side_Front_Profile_Headline.jpgWayne Gerdes - CleanMPG (cleanmpg.com) - Aug. 7, 2009
2011 Tesla Model S - $57,400 to start and a 300 mile all-electric range with optional larger cap Li-Ion pack.
Record deliveries in July and expansion in Europe should become sustainable
Tesla Motors attained a significant milestone in July when it achieved overall corporate profitability with approximately $1 million of earnings on revenue of $20 million.
Tesla reached overall corporate profitability while continuing to develop the all-electric Model S sedan and opening regional sales and service centers. Profitability arose primarily from improved gross margin on the Roadster 2, the second iteration of Tesla’s award-winning sports car.
Tesla shipped a record 109 vehicles in July and enjoyed a surge in new Roadster purchases. In the third quarter, the privately held company will make significant deliveries to European customers while expanding its presence in several countries.
“We achieved a bottom-line profitability thanks to a tremendous amount of hard work by the Tesla team to improve quality, while simultaneously reducing costs on the Roadster,” said Tesla CEO and Product Architect Elon Musk. “This also shows that there is strong demand for a car that is unique in offering high performance with a clean conscience. Moreover, customers know that in buying the Roadster they are helping fund development of our mass market electric cars.”
The highly acclaimed Roadster -- faster than a Porsche and twice as energy efficient as a Toyota Prius – is the only highway-capable electric vehicle for sale in North America or Europe. It’s the first production EV to travel more than 200 miles per charge and the first US- and EU-certified Li-Ion BEV. With an estimated range of 244 miles per charge and zero tailpipe emissions, it offers supercar performance with a clean conscience.
The Roadster 2, which Tesla is building and shipping to customers now, features an array of enhancements. Those include a more powerful heating, ventilation and air-conditioning system, more comfortable seats and a more luxurious dashboard and cabin.
Bank of America - Financing
Last month, Tesla announced Roadster financing through Bank of America. Financing means the Roadster can have lower total monthly costs than some sports car with a similar sticker price. Prospective customers may complete loan documents in Tesla’s showrooms or online.
The Roadster is six times as energy-efficient as comparable sports cars and costs roughly $4 to fully recharge – a bargain even when gasoline costs less than $1 per gallon.
Tesla sells cars online and at showrooms in California (Menlo Park and West Los Angeles), New York City, Seattle and London. Tesla is rapidly expanding its network of showrooms this summer with stores in Chicago, South Florida, Washington DC, Toronto, Munich and Monaco.
Tesla received Department of Energy approval for $465 million in low-interest loans for new production facilities while also developing the Model S sedan. The all-electric sedan will have a base price of $49,900, roughly half the price of the Roadster. Reducing unit cost on the Roadster is helping Tesla to bring the Model S to market at a vastly lower price point, paving the way to mass-market EVs for mainstream buyers.