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Accelerated Model S sales drive Tesla into the black

2013-04-02 11:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Tesla has posted its first quarterly profit after the electric car manufacturer recorded higher than predicted sales of its Model S sedan. A company statement released on Sunday said vehicle sales in the first three months of this year exceeded 4,750, comfortably beating its target of 4,500 units. It added that "as a result, Tesla is amending its Q1 guidance to full profitability", although no exact figure has yet been given. "There have been many car start-ups over the past several decades,...

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South by Southwest Crowds Flock to See NASA's James Webb Space Telescope Full-Scale Model, ...

2013-04-02 06:00:00| Industrial Newsroom - All News for Today

REDONDO BEACH, Calif. - Northrop Grumman Corporation's (NYSE: NOC) four-story high, tennis court-sized full-scale model of NASA's James Webb Space Telescope attracted thousands at the recent South by Southwest (SXSW) Interactive Festival in Austin, Texas. Northrop Grumman partnered with NASA, the Space Telescope Science Institute (STScI), Microsoft Research, Ball Aerospace, ATK Aerospace, ITT Exelis and the University of Texas at Austin to highlight the science mission and engineering behind ...This story is related to the following:Vision SystemsSearch for suppliers of: Telescopes | Astronomical Instrument Lenses

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$25 Raspberry Pi Model A Sold Out in U.S.

2013-04-01 21:34:23| PC Magazine Desktops Product Guide

It didn't take long for the $25 Raspberry Pi computer to sell out in the U.S.

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Tesla expects first-quarter profits after strong demand for Model S

2013-04-01 19:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Electric-car maker Tesla said it expects a first-quarter profit on both a net and adjusted basis following stronger-than-expected sales of its Model S sedan, sending its shares soaring more than 19% in early trading on Monday. Tesla also said it was dropping plans to produce a low-end version of the Model S due to lack of demand, and will focus instead on higher-margin editions of the car. Model S sales exceeded 4,750 units in the quarter, higher than the 4,500 Tesla had forecast, the company...

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Tesla kills 40 kWh battery for Model S over 'lack of demand'

2013-04-01 18:56:52| CNET News.com

The company says there was a general "lack of demand" for the smaller battery pack, thus deeming it unnecessary. [Read more]

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