For Tesla Motors, 2012 has been a good year. Production of the Tesla Model S is rolling along, and for the first time ever Tesla actually turned a weekly profit. Yet despite all the accolades and benchmarks, Tesla is still a company that owes a lot of money to a lot of people, and some market analysts think the company will need a lot more money to stay afloat.
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Right on time for a Christmas miracle, the shining star of the electric vehicle movement has perhaps what is the best news for EV owners and advocates all over the world. Last week, for the first time in almost a decade, the CEO of Tesla Motors Elon Musk tweeted that the electric car company had its first cash flow-positive week.
The Internet has revolutionized everything, from the way we shop to the way we date. But one thing the Internet has not done is change the way we buy cars. Tesla Motors is trying to emulate the success of Apple by eschewing dealership franchises in lieu of direct sales. This has some dealership associations suing, though their lawsuit could have the opposite effect.