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Thread: Tesla Motors efficient factory operation

  1. #11
    Model S Res#P1440 Kipernicus's Avatar
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    Dec 2009
    Belmont, CA
    GreenCarReports has regurgitated the Bloomberg article

  2. #12
    Senior Member vfx's Avatar
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    Aug 2006
    CA CA
    It say Tesla has never been profitable. There was that one month a few years ago.

  3. #13
    Lead Moderator Doug_G's Avatar
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    Apr 2010
    Ottawa, Canada
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    Quote Originally Posted by vfx View Post
    It say Tesla has never been profitable. There was that one month a few years ago.
    Didn't they have to show a profit for some purpose at the time? Getting the DOE loan?

    Anyway, it's easy enough in just about any business to jigger things to show a one-month profit. Simply delay ordering some stuff for a few weeks, and slide a couple of sales from the previous month, and bingo!

    Profit is best avoided, for tax purposes only.

  4. #14
    Roadster #1144 + Sig 114 dsm363's Avatar
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    May 2009
    Reno, NV
    I believe they had to show a path to profitability and they said they were on that path if it weren't for Model S development which is why they were seeking the loan.

  5. #15
    Member MarkR's Avatar
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    Mar 2012
    N. Scottsdale, AZ
    It is somewhat paradoxical that Tesla's potential for profitability was ultimately enhanced by the recession-based challenges in the automotive industry and the resulting availability of an inexpensive NUMMI facility.
    "If this is the future, I'm not that worried." Jay Leno (after driving a Tesla)
    Deposit: Oct '09. 2nd Model S: 85, Red, Tan Leather, Obeche Matte, Tech, Pano, Active Air, Armor, 19"

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