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How Tesla Went From Near-Failure To Stunning Profitability In Just A Few Years

Mamta Badkar   

How Tesla Went From Near-Failure To Stunning Profitability In Just A Few Years
Stock Market1 min read

Tesla Motors announced its first-ever quarterly profit on Wednesday.

Yesterday, Consumer Reports gave Tesla's Model S its highest score ever for a car in its 2013 review.

And the stock has been up over 40% in the last two days.

But the company hasn't always had it good.

It nearly collapsed during the financial crisis.

A negative review from The New York Times earlier this year prompted CEO Elon Musk to take to Twitter and appear on CNBC and Bloomberg TV to criticize the review. Its stock was battered at the time.

Here, we take a look at the company's origins, the drama among its founders, its near collapse, and the development of its Roadster, Model S, and Model X cars.

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