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Tesla Motors Narrowing Its Losses

Jianyu Zhao |
February 20, 2014 | 1:00 p.m. PST

Executive Producer

A Tesla Roadster on display at a Japanese showroom, by Cytech
A Tesla Roadster on display at a Japanese showroom, by Cytech
Since the sales of electric car have been raising up both in the U.S. and internationally, Tesla Motors Inc. narrowed its losses for the full year.

Compared to the loss of $396.2 million in 2012, Tesla said that it lost $74 million for the full year of 2013. And Tesla collected about $150 million from the sale of environmental credits.

Read more at the Los Angeles Times.

Reach Executive Producer Jianyu Zhao here.



 

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