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Showing posts with label Tesla Model S. Show all posts
Showing posts with label Tesla Model S. Show all posts

Tesla Losses Soar to $154.3 million in 2010, Despite Gains in Revenue

Friday, February 18, 2011

Tesla Motors has just released a preliminary, unaudited financial report concerning the year than ended on Dec. 31, 2010. The company reported losses of US$51.4 million in Q4 2010 and US$154.3 million for 2010, which was almost triple the US$55.74 million loss for the year ending Dec. 31, 2009.

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Tesla Model S Road Testing Underway [with Video]

Wednesday, January 19, 2011

It has been a long journey, but it looks like the Tesla Model S all-electric sport sedan is one step closer to series production as the California-based automaker announced it is moving on to the final road tests. The first phase called Alpha, which began in 2010, includes both computer simulations and test-drives of prototype vehicles. There will be a Beta phase as well.

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