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USA: Tesla Model S Already Sold Out, Tesla To Turn Profit In 2013

America’s newest car maker, Tesla Motors, has yet to turn a profit since its founding waaay back in 2003. But founder and frontman Elon Musk believes that 2013 is the year that the fledling electric car maker will make a profit. Why? Well for one reason, the 6,500 unit production run of the 2012 Model S is already sold out. But is Musk counting his chickens before they hatch?

Big Money Coming In

In an interview with Bloomberg, Musk revealed that the intial offering of 6,500 Tesla Model S sedans area already spoken for. Now all Musk has to do is actually build and deliver all 6,500 sedans without any major mechanical snafus. With prices on the Tesla Model S ranging from $60,000 to over $80,000 (including the pricey Signature series), selling out of production on day one would mean a substantial windfall for Tesla.

If the average Model S brings Tesla $70,000, then Tesla would be able to rake in over $455 million, substantially more money than Tesla has had on hand at any previous point. Tesla can also count on income coming from sales of the Toyota Rav4 EV, a joint Toyota-Tesla product set to launch late next year. Tesla is also selling battery packs to companies like Mercedes, so 2012 and 2013 could indeed be the watershed year for Tesla.


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