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      12-30-2012, 09:07 PM   #97
alexwhittemore
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Quote:
Originally Posted by Efthreeoh View Post
The Tesla company is not yet making a profit. It has not sold enough cars to recoup the initial investment. It will need 100s of millions to stay afloat until battery costs come way down as you think they will. If you study the industry successful startup auto companies sold cars to the masses; not just the Rich.

The Volt is a great car BTW, but is not a range~limited electric like the tesla.
Tesla just had a cash-flow-positive month for the first time, so they're somewhere just around the turning point there: http://www.autoblog.com/2012/12/05/m...sla-last-week/

Their business model is working, slowly but surely. And Elon only took Tesla public so early so that he could free up his personal investment in it to throw cash at SpaceX. The plan was never to be cash positive any faster than this.
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