CategoryMobility

Tesla banks on low factory outlays in drive to profits

To build the Model S, Tesla paid $42 million for a former GM plant in 2010, spent $17 million for some presses and machinery, and received other used equipment at a "fraction" of the original cost from parts suppliers. (David Paul Morris/Bloomberg)
AO
By:
Alan Ohnsman
April 14, 2012 05:00 AM