Make no mistake about it, the Tesla Model S is a roaring success for Elon Musk, and 2013 is set to be the breakout year. Teslas are rolling off the assembly line at a pace of 400 cars per week, and later this year the Tesla Model X was set to debut as well. We saw was because now comes news that the Tesla Model X debut has been pushed back until 2014, so the company can focus on producing Model S sedans.Read more
The more I hear about Tesla’s plans, the more certain its future seems. Then again, recent financial filings reveal that Tesla has to cut its revenue forecast due to the slow rollout of the Tesla Model S. Furthermore, some additional prying reveals that since its founding in 2003, Tesla Motors has lost a whopping $864.9 million.
Yet if you ask me, that ain’t too shabby. Read on to find out why.Read more