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>> TESLA MOTORS Latest News

FEB 20, 2013 - Business Insider

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Tesla Is About To Turn Its First-Ever Profit — Here's How It Got There (TSLA)

Tesla Motors just announced its fourth quarter financial results, and it reported a net loss that was a bit wider than expected.  But importantly, the company reached its production goal of 400 Model S cars a week, which it needed to hit to break even. And now, Tesla even expects to generate "slightly positive" net income in Q1 2013. This would be its first-ever profitable quarter since its IPO. Here's a look at how the company got here.Tesla Motors was founded in 2003 by five Silicon Valley entrepreneurs. Tesla was founded by Marc Tarpenning, JB Straubel, Ian Wright, Elon Musk, ... Read More

Tags: Tesla Is About To Turn Its First-Ever Profit — Here's How It Got There (TSLA),  Tesla Motors Latest News