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Saturday, 25 May 2013

A Chat With Elon Musk

Posted on 04:35 by Unknown
PandoMonthly has an interesting interview with Elon Musk, one of the few unarguable cleantech success stories over the past decade - Fireside Chat With Elon Musk
Sarah Lacy talked to Elon Musk of Tesla Motors and SpaceX during PandoMonthly and went into detail on what other entreprenuers should do while raising venture capital, why he isn't going to be doing another Internet startup, his thoughts on CleanTech, the launch of SpaceX, and finally, his plans for the future.

On a related note, Technology Review reports that Tesla Automotive is now profitable - Even Without Accounting Gimmicks, Electric-Car Maker Tesla is Now Profitable.

As expected, Tesla Motors, the maker of the luxury Model S electric sedan, announced today that it was profitable for the first time in its ten-year history. During the first quarter of 2013 it had profits of $11 million. Total revenues were $562 million.

The profits came as Tesla cut costs and managed to sell more cars as it ramped up production at its factory in California. According to reports, Tesla’s Model S outsold electric vehicles from both GM and Nissan in the first quarter.

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