Tesla has sold 937 Tesla Roadsters, the electric sportscar the company developed, to through Dec. 31, the company said in its filing.
On Jan. 21, the company signed a $465 million loan arrangement agreement with the Department of Energy. Not surprisingly, Tesla has not been profitable.
“Since inception through September 30, 2009, we have generated $108.2 million in revenue,” Tesla said in its filing. “As of September 30, 2009, we had an accumulated deficit of $236.4 million and had experienced net losses of $30.0 million for the year ended December 31, 2006, $78.2 million for the year ended December 31, 2007, $82.8 million for the year ended December 31, 2008, and $31.5 million for the nine months ended September 30, 2009.”
Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.