Thursday, August 08, 2013

Tesla Motors Stuns Wall Street ... Again - Businessweek

Also see How Tesla Is Driving Electric Car Innovation (MIT Technology Review)
"Anyone hoping to ratchet the Tesla Motors (TSLA) hype down a notch will want to ignore the company’s second-quarter results delivered on Wednesday afternoon. Tesla turned a profit, much to the surprise of Wall Street analysts, and said it shipped a record number of its Model S luxury sedans that have become all the rage with the wealthy, eco-conscious set. The results pushed Tesla shares further into the stratosphere and boosted its market cap beyond that of Suzuki Motor (7269:JP), Mitsubishi Motors (7211:JP) and Isuzu Motors (7202:JP)."
Tesla Motors Stuns Wall Street ... Again - Businessweek

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