Tesla,Shares,Reach,Peak,Theele car Tesla Shares Reach Peak


In the shape of the design, the Core wing broke through the traditional appearance of the other models, the Core-wing sense of movement and high-level sense of the high degree of balance, which must be improved, both in the interior styling General Lee: For such a TSP platform, indeed, is the test of the ability to integrate the same time, just She always has been mentioned in the business platform is a completely independent intellectual property platform and our platform is t


Theelectric vehicle manufacturer reported its first-ever quarterlyprofit earlier this year, after a couple of years of losses. This wasbecause they were able to sell a couple of hundred of vehicles morethan they had previously predicted, resulting in a net income of $15million. This news was a huge surprise, considering that Tesla washaving a lot of financial troubles and it was on the verge of abankruptcy on several occasions. But, it was a good indication of thepotential that the company has and it encouraged investors to keepsupporting this innovative electric car maker. Now, the time has comefor Tesla to release its second quarter results, and they are onceagain quite favorable.Witha net income of $26 million, this is the second consecutiveprofitable quarter for Tesla Motors, something that was not expectedby a lot of people, albeit the good first quarter. Tesla'ssecond-quarter profit is quite a surprise, considering that everyone,except people working at Tesla, expected it to report a loss of over$15 million. But, they reported that their shares have jumped 14% at$153, which means they have more than doubled since the end of thefirst quarter of 2013. Although it was expected for Tesla to report aloss of 17% per share, their report shows earnings of 20% per share.Thesehighly positive figures are result of increased Model S sales duringthe second quarter. Even though the Tesla Model S is quite expensive,with a base price of $70,000, consumers have started to realize thatowning one has a lot of advantages, including the fact that it's azero-emission vehicle, and that it has a better range than mostelectric vehicles. In addition, Tesla has reported that there is anincreased demand for the Model S outside of the United States. Theyhope to sell a couple of hundreds of units in Europe by the end ofyear, and they will try and boost sales in Asia next year.Anotherfact that helped Tesla record a second consecutive profitable quarteris that they were able to reach a production target of 500 units perweek, which is very good news, considering that the inability to hitproduction goals was one of the most serious problems Tesla wasfacing in the past.Now,as Tesla has finally become profitable, its next goal is to startproducing entry-level models, that will be much cheaper than theluxury models it has been making so far, and will cost about $30,000.

Tesla,Shares,Reach,Peak,Theele

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