Tesla reported a company record of $761 million in revenue in its fourth quarter earnings. According to CEO Elon Musk, this exceeds the target of 25% gross margin he set earlier in the year and earned 33 cents per share. It also says that it expects a 55% jump in sales in 2014 and improve its gross margin to 28% by the end of the year. Read more here and here.
Tesla reports record revenues in Q4 2013
Posted by
Industry News on Feb 21, 2014
Topics: United In The News