Tesla forecasts 2009 profit, despite recent hard knocks
Electric vehicle maker Tesla Motors announced it will hit profitability by the second half of 2009. The statement was made in a recent company newsletter. Boosted by the $40 million in capital it raised from existing investors in December, the San Carlos, Calif.-based company said this prediction is based on pre-sales of its new Roadster vehicle model, which is already sold out through November of this year. On top of that, the Department of Energy… Continue Reading