Tesla Motors CEO Elon Musk said via Twitter Monday that the electric-car maker was cash flow positive last week.
Check out more news on the Tesla Model S.
“Am happy to report that Tesla was narrowly cash flow positive last week,” Musk tweeted. “Continued improvement expected through year end.”
The message was retweeted 500 times by other Twitter users.
Tesla, which hasn’t turned a quarterly profit, is working quick to increase production of its Model S electric-sedan, which was recently named the 2013 Motor Trend Car of the Year.
- By: Omar Rana