Barclays Says Tesla (TSLA) An "Execution Story", Data Will Emerge Soon
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Tesla's (TSLA) Musk Defends Capital Raise, Repaying DOE Loans Early
October 3, 2012 5:01 PM EDTShares of Tesla Motors, Inc. (NASDAQ: TSLA) are seeing activity after-hours Wednesday after CEO Elon Musk said the company is "on the verge of becoming cash flow positive" and "will not have to spend any of the money raised, at least until we embark upon a major new vehicle program." He said he expects the company to become cash flow positive at the end of next month.
Musk said they raised capital to protect from disruptions in the global supply chain due to floods, fires, hurricanes or earthquakes.
On... More
Tesla (TSLA) Said to Be Making First Energy Dept. Loan Payment - Bloomberg
October 3, 2012 4:52 PM EDTTesla Motors (NASDAQ: TSLA) says it's making its first energy department loan payment, according to Bloomberg headlines.... More
