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Tesla reports record revenues in Q4 2013

Posted by Industry News on Feb 21, 2014

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.

Topics: AEE In The News