Tesla's Q1 2013 Breakthrough:

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Tesla Motors, the pioneering U.S. electric car manufacturer, achieved a significant milestone in the first quarter of 2013, reporting its inaugural profit. This financial success was a pivotal moment, signaling a nascent shift in the automotive industry and validating Tesla's bold vision for an electric future. For years, skeptics questioned the viability of a pure-play EV company, especially one aiming for the luxury market. However, with the Model S gaining traction, the company began to prove its operational capabilities and market appeal.

The GAAP profit of $11 million, alongside a non-GAAP phone number list profit of $15 million, was a tangible demonstration of progress. This was not merely a symbolic victory; it indicated that Tesla was moving beyond its startup phase and establishing itself as a serious contender. Record revenues of $562 million, an 83% increase from the previous quarter, underscored the robust demand for the Model S and the company's ability to scale production.

This profitability was driven by several key factors, including increasing Model S deliveries, improved manufacturing efficiencies, and significant sales of zero-emission vehicle (ZEV) credits to other automakers, which contributed approximately $68 million in revenue. The company had consistently produced over 400 Model S vehicles per week, exceeding its own delivery targets. Furthermore, Tesla's proactive efforts in refining its supply chain and reducing manufacturing costs played a crucial role in improving its financial health.