Tesla Motors Says That It Is Profitable
Tesla Motors, a -San Carlos, Calif.-based maker of electric sports cars, said Friday that it achieved overall profitablity in July, with approximately $1 million of earnings on $20 million of revenue. The company has raised over $90 million in VC funding since 2006, from firms like DFJ, Compass Technology Partners, JPMorgan Partners, Technology Partners, Valor Equity Partners, Westly Group and VantagePoint Venture Partners.
9 August 2009•4 mins read
