Sales Booming, Losses Growing for Tesla
Sales of Tesla Motors Inc.'s electric cars are booming and the company is on its way to profitability, CEO Elon Musk told investors yesterday.
All 20,000 of the Model S sedans that the company plans to make this year will be sold, Musk said during a conference call on the company's fourth-quarter 2012 financial results.
"If we were to close all of our stores right now worldwide, and not have any car specialists or sales people, we would still sell out through the year," Musk said.
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