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Tesla has lost “approximately $236.4 million from our inception through Sept. 30, 2009? and said profitability depends upon successfully producing “automobiles such as the Model S” and growing public interest in electric vehicles.
Most of the major automakers are developing electric vehicles and plug-in hybrids, but Tesla has had the field to itself as the only company mass-producing a highway-legal EV. That field will grow a little more crowded later this year, when General Motors and Nissan begin selling the Chevrolet Volt and Nissan Leaf, respectively.
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