Tesla Aims For Profitability By 2013, Model S Sold Out

The little electric company that could has some bad news for its critics as its latest vehicle, the $50,000 electric four door sedan Model S, is sold out. According to CEO Elon Musk, Tesla has received orders for “more than 6,500” Model S cars for next year.

Moreover, Musk claims that most orders of the Model S are from brand new buyers. “Only about 600 people who have ordered Roadsters have also bought the Model S.”

Aiming for a mid-2012 deliver date, Tesla is confident that the success of the Model S will reward them with the honor of becoming the first profitable maker of battery-powered automobiles by 2013. As of now, the company has yet to report an annual profit.

GALLERY: Tesla Model S

[Source: Bloomberg]