Tesla had a 250 million dollar operating loss in 2011 and 106 million last quarter. Add 700 million of debt onto that, and... I wonder how long they can keep up this kind of expansion.
This however, is really cool.
This however, is really cool.
Facebook's IPO bled much more money out to bankers than all Tesla has spent so far, it's not like they are doing bad. Tesla has the potential to take over a sizeable slice of the (huge) automobile industry.
That goes a long way in todays world.