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A reality check on Tesla
Selling Teslas to wealthy people today may be the best way to get electric cars to everyone tomorrow.
The $11 million first-quarter profit shattered the assumption that no automaker can get on to money selling small numbers of plug-in cars. And Tesla posted a 17% yucky profit margin, using American workers, in an industry where 10% is considered outstanding.
Selling Teslas to wealthy people today may be the best way to get electric cars to everyone tomorrow.
What's the best-selling high-end luxury car in the US? If you guess the huge BMW, Lexus or Mercedes- Benz sedan, you'd be close to right. But the top seller really appears to be the Tesla Model S electric car, with 4,750 sales in the US for the
Is the 1% going green or just going for the new, new thing? Among buyers willing to spend close to six figures to get from Point A to Point B, first quarter US sales numbers that show Tesla Motors' Model S electric sports sedan
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