Tesla's Fourth Quarter Revenue Up 500 Percent, Only Lost $90 Million

Tesla just released their financial statement from the fourth quarter of 2012, and the news is mostly good, a little bad, and all open to interpretation. Isn't everything with Tesla, though?

Among the highlights from the documents made public today:

• Revenue in the fourth quarter jumped 500 percent $306 million.


• They have total liabilities of $989.5 million, including $452.3 million in debt.


• 
  
  But in the good news department, they delivered about 2,400 Model S sedans in the fourth quarter and made a $12.7 million principal payment on their (modified) Department of Energy loan schedule.
  
  


• 
  
  The company is now producing 400 vehicles per week. "We produced over 2,750 vehicles during the quarter and more than 3,100 vehicles during the full year, while maintaining our stringent quality standards."
  
  

More updates on this coming soon as we go through their filing.

Tesla's 4Q Financial result for Jalopnik.com by

Photo credit AP

via Jalopnik http://jalopnik.com/305694359