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Tesla Motors Turns a Profit For the First Time

d0rp writes with news that Tesla Motors has reported earning a profit for the first time in its six-year history. Sales of the $109,000 Roadster earned the company $20 million in revenue, which settled out to $1 million in profits. "Most of that money rolled in after Tesla delivered cars customers had already placed deposits on. Although the company has, according to spokeswoman Rachel Konrad, seen a 'surge' in orders for the Roadster and the higher-performance Roadster Sport (price: $127,500), it isn't likely to keep rolling cars out so quickly. Konrad says Tesla is 'definitely on pace' to meet its goal of 1,000 to 1,200 cars a year but didn't say when that might happen. Tesla has so far delivered about 609 Roadsters since production started in March, 2008." The company is working on a new 'Model S' sedan, with the help of $465 million in government loans, and has also entered into a partnership with Daimler to help the German auto company produce electric Smart cars.

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  1. Re:'profit' can mean different things by Smidge207 · · Score: -1, Offtopic

    There's a difference between positive cash flow (more cash coming in than going out), positive net income (what most people think of as 'profit') and positive EBITDA (earnings before interest, taxes, depreciation, and amortization, or profit from operations).

    Jeez, a little imagination please.

    Try taking two Sims (or better yet, many!) with opposing personalities, then bricking them into a room with nothing but a toilet an espresso machine and a Tesla automobile.

    "Get the fuck out, asshole. I need to take a leak!"

    "Really? You sure you just don't want another Caramel Machiatto?"

    It's the only way I've actually made a Sim I didn't control kill another Sim (gotta love them neighbors!). It takes about 10-15 fist-fights, but eventually one takes a permanent dirtnap. I even had BOTH Sims fall asleep in the middle of one of them fist fights once because there was no bed. Ball of Fury, then pow!, interrupted script and two Sims sleeping in puddles of piss.

    The funniest part is watching the "totally surprised" reaction of the Sim that did the killing when the Grim Reaper shows up.

    "Oh sure, it's all fun and games until someone gets hurt!"

    =Smidge=

    --
    Is it just my observation, or is eldavojohn an idiot?