“Elon Musk just disclosed on CNBC that last week, for the first time, Tesla Motors was “mildly cash-flow positive.” That’s only a couple weeks later than Musk’s earlier prediction that Tesla would become cash-flow positive by the end of November. The electric-car company is also paying back early its $465 million loan from the US Department of Energy, and the company is ramping up production to 200 cars per week.”
10,000 cars per year is still a bit less than the 13 million cars per year in the US market, but it is more than zero, or what EV production has been historically. It would be about half of Nissan Leaf sales (18,000) or a third of the Chevy Volt (~30,000).
More on Electric Drive sales here at the industry trade group. Sales of hybrids + EVs are now up to 3.3% of the total market. Most of that is hybrids though.