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US: Tesla predicts 2011 revenue of US$180m-190m

Tesla has reported a more than year-on-year doubling of its revenue in the quarter ended 30 June 2011 (Q2 2011), although steeply rising operating expenses, especially for R&D meant that the company's net loss accelerated in the period. Tesla's revenue in Q2 2011 amounted to US$58.17m (the highest quarterly revenue in It’s time to log … Continued

Tesla has reported a more than year-on-year doubling of its revenue in the quarter ended 30 June 2011 (Q2 2011), although steeply rising operating expenses, especially for R&D meant that the company's net loss accelerated in the period.

Tesla's revenue in Q2 2011 amounted to US$58.17m (the highest quarterly revenue in

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