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Tesla Motors Finally Turns a Profit

- By - Source : Tom's Guide US

July was a milestone for Telsa Motors as the company turned profitable for the first time.

CNN today reports that Tesla Motors, which specializes in the production of electric cars, sold a record 109 vehicles in July. According to CNN, a surge in sales and reduced manufacturing costs of Tesla's Roadster 2 sports car helped boost the company to $1 million in earnings and $20 million in revenue.

Twice as energy efficient as a Prius and faster than a Porsche, the company claims the Roadster is the only highway-capable electric car offered in North America or Europe.

Are there any Tesla motorists in the house? Would you recommend your car to others looking to reduce their carbon footprint? Let us know why or why not in the comments below!

Check out the full story here.

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visa 08/10/2009 5:18 PM
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If I could afford one I'd get one...

dravis12 08/10/2009 5:22 PM
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I'm waiting for the Model S in a few years...and for me to be able to blow $40k on a car.

radnor 08/10/2009 5:24 PM
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Waiting for the Model S also.

Anonymous 08/10/2009 5:26 PM
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My roommate works for Tesla, and has been working around the clock all month to hit that record goal of 100+ cars. Congrats to him and all the other peeps at Tesla that are making non-fugly electric cars a reality!

Kaiser_25 08/10/2009 5:26 PM
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GOOO TESLAAAAAA, i want one so bad ive been debating on buying a model S, but there goes my life savings. They are what a car company should be.

Hanin33 08/10/2009 5:31 PM
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^+1

visa 08/10/2009 5:34 PM
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Curious, though, how long is the battery life on these things? I would imagine if the battery dies after 5 years it'd kill whatever you saved on gas..

Anonymous 08/10/2009 5:36 PM
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If I'd ever win one, or get one, I'd seriously consider selling it, and buying one or more Toyota's from the money.
It's far above my standard of living.
I couldn't afford one, and even if I had one, a small accident could destroy it, and make me broke to get it fixed.

Having 4 toyota's for that price seems much more sane to me.

Kaiser_25 08/10/2009 5:51 PM
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visa :
Curious, though, how long is the battery life on these things? I would imagine if the battery dies after 5 years it'd kill whatever you saved on gas..


Tesla is saying 7 year warranty on batteries, and expected life of 15+ years. This company rocks.

visa 08/10/2009 5:53 PM
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kaiser_25 :
Tesla is saying 7 year warranty on batteries, and expected life of 15+ years. This company rocks.



I'd buy that fer a dollar!

Ho0d1um 08/10/2009 5:55 PM
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visa :
Curious, though, how long is the battery life on these things? I would imagine if the battery dies after 5 years it'd kill whatever you saved on gas..



This car is more about carbon emissions than money saved on gas. Its all about going 'green'. Granted I don't know how 'green' the battery is.

tayb 08/10/2009 5:56 PM
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agentjon 08/10/2009 5:57 PM
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Rab1d-BDGR :
"Twice as energy efficient as a Prius and faster than a Porcshe, the company claims the Roadster is the only highway-capable electric car offered in North America or Europe."Now that's the sort of "green" technology that I could get behind! :-)



Yeah, but you do know that your power coems from coal or nuclear fuels right?

Greg_77 08/10/2009 5:58 PM
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It is not faster than a "Porsche". Porsches can go up to 200 mph. Even the Boxter goes 186 mph. I believe the Tesla goes 160 mph. I would still prefer it to a Porsche, but since I can afford neither, I guess thats a moot point. Actually, you said it is faster than a "Porcshe" so you may be right. Never heard of that car ;)

marokero 08/10/2009 6:05 PM
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Congrats to Tesla! But first I would like to set up the infrastructure to generate solar power at home, and then get an electric car - that would be the perfect scenario for me. By then these cars will have much grater range, be even more efficient, and hopefully cheaper too.

Anonymous 08/10/2009 6:09 PM
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if you ever saw this car being driven on "top gear" you know it has a long way to go before ever being practical

WheelsOfConfusion 08/10/2009 6:11 PM
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agentjon :
Yeah, but you do know that your power coems from coal or nuclear fuels right?


Getting electricity from those sources is more efficient than getting power from an onboard internal combustion engine, the fuel for which comes from pumping stations that themselves get fueled by tanker trucks. Then there's are also hydroelectric, a major contributor to our grid supply, and you can increase the amount of wind and solar power that feeds into the grid without having to re-engine the car or buy a new one. The "green" is already there, and has the potential to get greener without the car's owner doing anything else.

dfusco 08/10/2009 6:29 PM
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Well it will once again be around 100 degrees here in the Dallas Metroplex. So what is the range of a Tesla vehicle when the AC is running flat out?

Aoster87 08/10/2009 6:44 PM
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Good for them, I like reading stories like this.

KyleSTL 08/10/2009 6:52 PM
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Quote :It is not faster than a "Porsche". Porsches can go up to 200 mph. Even the Boxter goes 186 mph. I believe the Tesla goes 160 mph. I would still prefer it to a Porsche, but since I can afford neither, I guess thats a moot point. Actually, you said it is faster than a "Porcshe" so you may be right. Never heard of that car

Top speed is not the only way a car is fast, I believe the Tesla has a better 0-60 than most road-going Porsches, however, I too would prefer a Cayman or Cayman S over these.

dark_lord69 08/10/2009 6:55 PM
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Greg_77 :
It is not faster than a "Porsche". Porsches can go up to 200 mph. Even the Boxter goes 186 mph. I believe the Tesla goes 160 mph. I would still prefer it to a Porsche, but since I can afford neither, I guess thats a moot point. Actually, you said it is faster than a "Porcshe" so you may be right. Never heard of that car



I believe they were refering to the acceleration not the speed.
These this take off like a bullet launching out of a barrel the only vehicle with faster acceleration is a 1 million dollar Farrari. (I forget what it's called)

pocketdrummer 08/10/2009 6:58 PM
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agentjon :
Yeah, but you do know that your power coems from coal or nuclear fuels right?


dark_lord69 :
I believe they were refering to the acceleration not the speed.These this take off like a bullet launching out of a barrel the only vehicle with faster acceleration is a 1 million dollar Farrari. (I forget what it's called)



True, but that power is generally more efficient than your car. So the equivalent MPG is much higher than even hybrids.

dark_lord69 08/10/2009 6:58 PM
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I'd also like to say I'll be waiting for the car AFTER the model S. Which according to the owners' plan for the company; will cost 1/2 as much as the model S and I'm guessing the design won't be as awesome but oh well. It's not like my current car is stylin'. A $25,000 fully electric car that still kicks would be worth it.

pocketdrummer 08/10/2009 7:05 PM
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The funny thing is that I'm more excited about how these cars will change the public's perception of electric cars. They see them now as slow, ugly, useless cars that are inferior to vehicles that run off gas. The second people start seeing an electric car beat high-dollar consumer vehicles and even super-cars, people will begin to change their views.

This means that larger companies will put more funding into research and development. With enough momentum, we may even remove the need for gasoline altogether one day.

Anonymous 08/10/2009 7:16 PM
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I still think Zap motors (zero air pollution) is the better deal. I think they have real potential. http://www.zapworld.com/

chuenl 08/10/2009 7:20 PM
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Twice as energy efficient as a Prius, and more than 4 times the price of a Prius.

grieve 08/10/2009 7:24 PM
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There are still three huge flaws with this car…

First - The Roadster has a range of about 244 miles per charge. Then what? Pull into McD’s grab a Big Mac, wait 5 hrs for it to recharge?

Second – It has 2 seats and is totally unpractical.

Third – It is 100k American !!!!!!!

If I had 100k to blow on a NON-practical car, this would NOT likely be the one. I would go for a 2010 Nissan GT-R, Viper or perhaps a ZR-1.
But let’s face it… You can buy a loaded Car for 60% the price which is equally is nice. And you can buy a MORE than sufficient vehicle for $30,000 easily.

shiftstealth 08/10/2009 7:39 PM
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you do realize how far 244 miles is right? + a full recharge is 45 mins bro.

zipzoomflyhigh 08/10/2009 8:24 PM
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Even if everyone had one of these, they still have to be charged right? Where do you think the power comes from? You guessed it, coal and fossil fuel.

Dave_69 08/10/2009 8:35 PM
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I'm currently on a waiting list for the model S.

bootleghooch 08/10/2009 8:42 PM
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zipzoomflyhigh :
Even if everyone had one of these, they still have to be charged right? Where do you think the power comes from? You guessed it, coal and fossil fuel.



Depends on where you live.