Loss
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One of the most contentious points in coverage of electric-car maker Tesla Motors is its financial performance. On the one side, analysts and naysayers note that the company continues to lose money. CEO Elon Musk himself has admitted that the company won't turn a profit using Generally Accepted Accounting Principles (GAAP) until 2020 or later. DON'T MISS: Tesla Model S P85D Lauded By Consumer Reports, 'Breaks' Rating System That requires Tesla [NSDQ:TSLA] to raise more capital periodically, as it said two weeks ago it would do again: It plans to offer up to $640 million in new stock to...
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Tiny Smart Cars Lose $5 Billion For Mercedes-Benz: Report
The Smart has lost more money than any other European car, a new report says.
Stephen Edelstein -
2011 Nissan Leaf Battery Capacity Loss: Nissan Responds
Just under a month ago, we reported a few cases in which owners of 2011 Nissan Leafs had noticed the first of twelve lights on their car’s battery capacity gauge had switched off, indicating a marked deterioration in battery capacity after just one year. Now Nissan has released an official...
Nikki Gordon-Bloomfield -
Tesla Shows Open Road To More Losses In Q3
Tesla has announced its third quarter results. They show that revenues are down 31 percent from a year ago and that the car maker is losing nearly eight times as much money compared to the previous year. This quarter, Tesla lost $34.9 million, up 7.6 times from the $4.6 million from a year earlier...
VentureBeat's GreenBeat -
Low Theft Losses: Another Reason to Love Toyota Prius Hybrids
Not a lot of buyers end up choosing between a Toyota Prius hybrid and a Cadillac Escalade full-size sport-utility vehicle for their new car. Now, in addition to its top-of-the-charts gas mileage--50 mpg on the EPA combined cycle--there's another reason to opt for the Prius: Its earlier models have...
John Voelcker