Elon Musk announced end of July the company’s 2nd quarter results and its construction of a battery plant. Tesla’s result and forecast for the year ahead were good to kick the company’s shares slightly higher in after-hours trading, knowing that the company made $ 769 million profit in the second quarter. So Elon Musk announced that Tesla should be capable of delivering more than 100 000 cars per year by the end of 2015. Finally, Tesla and Panasonic announce Gigafactory agreement, in fact Tesla will oversee construction of the factory and Panasonic will invest in the machinery and supply. According to Elon Musk, this factory as being key to the delivery of an electric car for the masses.
More information: Bloomberg Businessweek – Technology
