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Mixed balance sheet for Tesla Motors.

August 09, 2010

For the trimester 2th of year, the californian automaker published its results. Although results do not pass expectations, profits increased to 28.4 millions dollars but the loss to 38.5 millions dollars, Tesla Motors stays self-confident for the future, these heavy outlays are an investment for the future, and useful for next models of the brand.

On the other side, Tesla Motors reassures the shareholders recalling they have the support of Daimler and Toyota, and they raised internal funds added to the governemental help of 460 millions dollars.

Nevertheless, this new got a cool reception from Nasdaq! Just after this broadcast, the share decreased from $21.4 to $19.6 .

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