Tuesday, April 2, 2013

Tesla Motors to post its first profit

I am a big fan of all cars and car brands in general but the one company that I have been following very closely is Tesla Motors Inc. For those who may not know, Tesla is a California based car company which produces 100% electric vehicles for sale to the general public to buy and recently they came out with some big news. Tesla announced their first ever profit for the first quarter of 2013.

Here is the link to the article: http://www.latimes.com/business/la-fi-hy-autos-tesla-profit-20130402,0,1962678.story

I think that this is great news. Tesla is an up-and-coming company with a truly revolutionary product that has started to gain traction and grow. After their Tesla model S won the Motor Trend Car of the Year for 2012, the company has seen great increase in demand for their cars. I think this is could be the start to a big shift in the automotive market in years to come. But there are still many issues that need to be addressed first. Things like battery life, range and cost are just three but there are others that could hinder to the growth of the electric car.

What are some issues that could slow the popularity of electric cars?

1 comment:

  1. Things like battery life, range and cost are just three but there are others that could hinder to the growth of the electric car. Bike reviews

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