26 Jul '12, 9pm

Tesla 2nd quarter financial reporting reveals rosy outlook in face of market pessimism

Still, there's a lot of pessimism in the market when it comes to TSLA – fueled recently by a report from Wunderlich Securities, which predicted a need to raise more capital, as it doesn't think a production target of 5,000 will be reached in 2012 – and the company's stock price recently tumbled from just shy of $36 to just under $29 as of market close on Wednesday. Production does seem to be Tesla's biggest problem at the moment. It only just recently increased its build rate to 10 vehicles a week – up from five – after running into some quality issues. Small "knick-knacky" things as Musk describes them: interior trim not well-enough aligned in places, chrome finish on door handles not up to snuff. It has slightly revised the timing of production increases and bolstered it interior engineering team in response. The company should now see about 500 vehicles produced in the ...

Full article: http://green.autoblog.com/2012/07/26/tesla-2nd-quarter-fi...

Tweets

Will Tesla Motors Change the World? #solar

Will Tesla Motors Change the World? #solar

solarfeeds.com 31 Jul '12, 3pm

If you drive by the Tesla factory, you will see a gigantic custom banner plastered across the headquarters featuring a blu...

Elon Musk to remain at Tesla for "several more years," personally inspects Model S

Elon Musk to remain at Tesla for "several more ...

green.autoblog.com 27 Jul '12, 10pm

Part of his duties through the rest of his tenure at Tesla will also reportedly include personally inspecting production e...

Check out Inside Tesla for a recap of the Get Amped Tour and updates on Model S production!

Check out Inside Tesla for a recap of the Get A...

teslamotors.com 02 Aug '12, 11pm

About two-thirds of the 39,000 miles are from the Get Amped Model S Tour. As of this past Sunday, we have officially compl...

Isn't this cute? =) #HisAndHers I think it's a Rolex watch. Good night Kimeralds! Keep the positive outlook!

Isn't this cute? =) #HisAndHers I think it's a ...

instagram.com 28 Jul '12, 3pm

Isn't this cute? =) #HisAndHers I think it's a Rolex watch. Good night Kimeralds! Keep the positive outlook! 

Starbucks shares hammered after the company low...

starbucksgossip.typepad.com 27 Jul '12, 12pm

Starbucks shares were down nearly 10% early Friday after the company lowered its forecast for fourth-quarter profit to as ...

World Stainless Steel Production Shrinks Slight...

appliancemagazine.com 28 Jul '12, 11pm

Preliminary data from the International Stainless Steel Forum (ISSF) shows global stainless steel production shrank 2.8% i...

Sunblock for Face

Sunblock for Face

ohsofickle.blogspot.com 05 Aug '12, 1pm

This is the best sunblock! Biore UV Perfect Face Milk. I have never enjoyed putting sunblock on (but still had to because ...

Tesla reports significant losses: A bleak pictu...

thegreencarwebsite.co.uk 30 Jul '12, 7am

A bleak picture was painted when Tesla Motors sent a letter to its shareholders outlining a significant non-GAAP (generall...