econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 19 October 2016

Tesla Is Playing The Long Game

by Felix Richter,

-- this post authored by Martin Armstrong

Ranked by Forbes as the most innovative company in the world, Tesla Motors is certainly not a company afraid to push technological boundaries.

So when the company's enigmatic CEO, Elon Musk, announced via Twitter the imminent unveiling of an 'unexpected product', rumours and predictions were abound. While the reveal was due to land today, Musk tweeted a few hours ago that it would be delayed until Wednesday to allow for 'a few more days of refinement'.

As the infographic below shows, Tesla has been investing more and more in research and development over the last few years. In the fiscal year ending December 31, 2015, R&D reached 717.9 million U.S. dollars, setting a clear upward trend. Musk and co. are clearly playing the long game, with this positive spending almost mirrored by the financial losses made each period. Perhaps on Wednesday, some of the fruits of this investment will be revealed to the world.

This chart shows spending on R&D and losses made by Tesla from 2010 to 2015.

Infographic: Tesla Is Playing The Long Game | Statista

You will find more statistics at Statista

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved