May 15, 2016

Why Has Tesla Blown Up?

   May 15, 2016

Why Has Tesla Blown Up?

Tesla's_quarterly_revenue__Sales_TMMChart.png

Trader’s remarks: Since its inception in 2003, Tesla has pushed the development of electric cars at a rate unmatched by any mainstream manufacturer. Over the years, with niche cars like the Roadster, high-end electric saloons like the Model S and it’s recently launched Model 3, Tesla has come a long way. Tesla is now ramping up production, promising to build a combined 500,000 vehicles over the next two years. Despite plans for massive growth, the electric car maker is still operating at a loss. Profitability and mass adoption will be the next significant challenges for the company.

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