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

Doug_G · Mar 18, 2011

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 · Mar 18, 2011

Is it true that Panasonic owns part of Tesla?

Tommy · Mar 18, 2011

AnOutsider said:
Is it true that Panasonic owns part of Tesla?

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

AnOutsider · Mar 18, 2011

Tommy said:
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 · Mar 19, 2011

AnOutsider said:
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.

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

Doug_G

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AnOutsider

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Tommy

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AnOutsider

S532 # XS27

stopcrazypp

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