Tesla Motors: $27 Million Q2 Revenue, On Track To Ship 5000 Model S Sedans By Year-End

Tesla Motors, the Silicon Valley based electric car company led by PayPal founder Elon Musk, today announced its financial results for the second quarter of 2012. The announcement encompassed the standard earnings information -- revenue, spending, profits, and the like -- which we'll get to in a minute. But the real news most Tesla-watchers wanted to get from the Q2 results was an update on the rollout of the Model S, Tesla's new all-electric sedan that started shipping last month (you can watch my test drive of the car here.) But as far as the Model S production goes, there was no real news -- which, as they say, is good news.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/YqC-lu9bvKM/

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