R&D Money Black Hole of Tesla

Second half of the year is so far a continuous disappointment for Tesla in terms of expenses.

Stated briefly, if it were not for generally accepted accounting procedures, Tesla would be in a very good place financially right now. But as they do apply for the company’s operations, with $16 million earned $62 million is perceived as a loss.

Nevertheless, Model S dealership deliveries gladden the carmaker. If the favourable situation continues, Tesla will look at more than 35,000 cars delivered in 2014, consisting of Model S and Model X batches.

R&D expenses account for more than $100 million, and by the end of the year the total sum of scientific donations from the EV producer might reach $950 million. Meanwhile, by September 9 thousand vehicles will be assembled.

Panasonic has proclaimed its interest in Tesla and will become the main sponsor of its new projects, including the construction of a saloon version of Model 3.