Added on May 9, 2013
Tesla Makes Profit for First Time in a Decade
Starting a car company from the ground level is some expensive work.
For the last 9 years Tesla Motors has been building up for this day, the day that they turn a profit. It might be a small report of $11.2 million, but it’s still PROFIT, which for those that don’t know the textbook definition means that they made more than they spent, AKA raking in the moolah.
Considering they have spent nearly half a billion dollars in start-up costs and loans, any money you can squirrel away after paying the bills and overhead is always a welcome thing.
This is only from a report on the Q1 report from the company, it’s going to be interesting how much these guys make after their other models hit the market and in the hearts and minds of their loving public.
I will be honestly interested in picking one up myself if they ever get the sub-30k market invaded.
by Alan Smithee
I sit upon my throne as the owner/shogun of this site, WatchPlayRead. But it wasn't always so. I too have had blogspots, I've done other community blogs, I've even written professionally for other sites out there...yet none of them provided the content I had a real passion for.
It is then that I became tired of being a small cog in a big machine, and of writing about nothing but game news after game news article and the periphery that comes from such schlock, like knowing who Michael Pachter and Bobby Kotick are.
I decided to start MediaWhoreNetwork.com and ran up my post count there for about 2 years, commenting about any and everything that I wanted to. I even started a weekly podcast that I feel has come into its own.
It wasn't until earlier this year that I realized that having the word "whore" in your URL might be a bit limiting to my potential audience. I then made the website and its branding move over to WatchPlayRead.com.