Tesla Says Model S Sedan to Be Profitable Even on Base Model

[Doug_G]

Tesla Motors Inc. (TSLA), ... said its battery-powered sedan that goes on sale next year will be profitable even on the base model that will sell for $57,400.

Tesla Says Model S Sedan to Be Profitable Even on Base Model - Bloomberg

Also of interest:

the Model S will use an air-conditioning system modified from that in Toyota’s Prius that’s designed for electric vehicles, Straubel said.

[AnOutsider]

Is it true that Panasonic owns part of Tesla?

[Tommy]

Is it true that Panasonic owns part of Tesla?

Yes..... but so do I and anyone else that has stock in the company.

[AnOutsider]

Yes..... but so do I and anyone else that has stock in the company.

Well yeah, but I meant... Well, the article made it seem like Panasonic had a majority stake or something

[stopcrazypp]

Well yeah, but I meant... Well, the article made it seem like Panasonic had a majority stake or something

Not even close. I think the biggest sum they invested is $30 million, while Toyota and Daimler invested $50 million each.