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"provider_url": "http://arstechnica.com",
"description": "No foolin'-Tesla Motors says it's now in the black. Since its initial public offering in 2010, the company has yet to turn a profit. But as of this writing, Tesla's stock price is up nearly 20 percent. It's currently hovering around $45 per share, which helped lead to this 2013 Q1 of profit.",
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"description": "March 31, 2013 Tesla Motors announced today that sales of its Model S vehicle exceeded the target provided in the mid-February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs. the 4,500 unit prior outlook.",
"title": "Tesla Model S Sales Exceed Target | Press Releases | Tesla Motors",
"url": "http://www.teslamotors.com/about/press/releases/tesla-model-s-sales-exceed-target",
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"description": "Tesla Model S Sales Exceed Target Profitability Guidance Amended Upward; 40 kWh Battery Cancelled Sunday, March 31, 2013 Tesla Motors announced today that sales of its Model S vehicle exceeded the target provided in the mid-February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs.",
"title": "Tesla Model S axes 40kWh battery option, surpasses sales goals",
"url": "http://www.engadget.com/2013/04/01/tesla-model-s-axes-40kwh-battery-option/",
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"description": "Kevin Smith/Business Insider Early this morning, electric car maker Tesla announced that it is exceeding its previous guidance on auto sales and turning profitable for the quarter. Below the dotted line is the press release.",
"title": "TESLA: We're Selling More Cars Than We Expected, And We're Now Profitable",
"url": "http://www.businessinsider.com/tesla-were-selling-more-cars-than-we-expected-and-were-now-profitable-2013-4",
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"description": "Tesla Motors has announced that its Model S vehicles have exceeded its sales target in the first quarter of 2013. The company stated that it delivered more than 4,750 units - 250 more than it forecasted in its shareholder letter issued back in mid-February.",
"title": "Tesla Motor says it'll be profitable in Q1 after exceeding targets by selling 4,750 Model S vehicles",
"url": "http://thenextweb.com/insider/2013/04/01/tesla-motor-says-itll-be-profitable-in-q1-after-exceeding-targets-by-selling-4750-model-s-vehicles/",
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"description": "By Paul Lienert and Prateek Chatterjee April 1 (Reuters) - Electric-car maker Tesla Motors Inc said it expects to report a first-quarter profit on both a net and adjusted basis following stronger-than-expected sales of its Model S sedan, sending its shares soaring more than 19 percent in early trading on Monday.",
"title": "UPDATE 1-Electric-car maker Tesla says 1st-quarter was profitable",
"url": "http://www.reuters.com/article/2013/04/01/teslamotors-outlook-idUSL3N0CO1WT20130401",
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"url": "http://arstechnica.com/author/cyrus-farivar/",
"name": "Cyrus Farivar"
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"url": "http://arstechnica.com/business/2013/04/tesla-motors-announces-that-its-finally-profitable/",
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"title": "Tesla Motors announces that it's finally profitable",
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"content": "<div>\n<p>No foolin'-Tesla Motors says it's now <a href=\"https://twitter.com/elonmusk/status/318586284065054720\">in the black</a>. Since its initial public offering in 2010, the company has yet to turn a profit. But as of this writing, <a href=\"http://www.nasdaq.com/symbol/tsla\">Tesla's stock price is up nearly 20 percent</a>. It's currently hovering around $45 per share, which helped lead to this 2013 Q1 of profit. By comparison, Tesla lost $75 million in the <a href=\"http://www.latimes.com/business/autos/la-fi-hy-tesla-model-s-sales-exceed-companys-predictions-20130401,0,2232175.story\">fourth-quarter</a> of 2012.</p>\n<p>Despite its recent <a href=\"http://arstechnica.com/business/2013/02/tesla-new-york-times-trade-shots-over-coverage/\">dust-up with the <em>New York Times</em></a>, Tesla Motors told <a href=\"http://www.teslamotors.com/about/press/releases/tesla-model-s-sales-exceed-target\">investors</a> and the <a href=\"http://www.sec.gov/Archives/edgar/data/1318605/000119312513135229/d514482dex991.htm\">Securities and Exchange Commission</a> that it sold about 250 more cars than the company had expected-more than 4,750 in total. As a result, \"Tesla is amending its Q1 guidance to full profitability.\" Tesla did not say precisely how much it had made, but the company will likely announce its first-quarter 2013 earnings next month.</p>\n<p>Tesla also said that the \"small battery option\" on the Model S won't actual enter production. Rather than produce a 40kWh battery pack (only selected by four percent of customers), the company will actually get a 60kWh battery, which will be \"software-limited to 40 kWh.\"</p>\n<p>\"It will still have the improved acceleration and top speed of the bigger pack, so will be a better product than originally ordered, and can be upgraded to the range of the 60 kWh upon request by the original or a future owner,\" the company wrote in its 8-K filing.</p>\n<p>\"Tesla is also revealing a small Easter egg today: all 60 kWh cars have been and will be built with Supercharger hardware included,\" the company wrote. \"Tesla is taking a slight cost risk that ultimately all customers will want to buy the Supercharger upgrade and receive unlimited, free long distance travel for life. Even for those that never drive long distances, this will improve the resale value of their car to people that do.\"</p>\n</div>",
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