Even though the oil prices have dropped by an astounding 50%, it seems that the masses have decided to go green. This is indeed a very good step towards a clean environment which is badly affected by the hydro carbons omission. The green house effect is also one of the reason why the people are moving towards healthy alternatives when it comes to fuel consumption and automobiles. This is probably one of the top reasons for the success of Tesla Motors (NASDAQ:TSLA).
Tesla Motors (NASDAQ:TSLA) is known for its sleek, top of the line electric vehicles. The vehicles made by Tesla Motors (NASDAQ:TSLA) look like one of those cars that should be used by James Bond or other movie characters. There has been an increase in the sales and the prices of Tesla Motors (NASDAQ:TSLA) shares are over the top. Yet, Tesla Motors (NASDAQ:TSLA) has been unable to enter into the profit zone. The shareholders of Tesla Motors (NASDAQ:TSLA) can always go for capital gains but they are also concerned about profits.
According to the latest reports and independent analysts, it seems that the trend is about to change and Tesla Motors (NASDAQ:TSLA) will enter into making profit during this year. Although the profits won’t be much but it is a good start for Tesla Motors (NASDAQ:TSLA) which should have been in profit quarters ago. Unfortunately, that did not happen for Tesla Motors (NASDAQ:TSLA) and laws made by State of California played an important role.
But now the things are changing and Tesla Motors (NASDAQ:TSLA) is moving ever so close to make profits again. Tesla Motors (NASDAQ:TSLA) has worked very hard for this and is determined to achieve the profitability target during the second quarter of 2015. Tesla Motors (NASDAQ:TSLA) has introduced a number of offers for its customers so that they can benefit and add to the profitability of the company. One such offer is known as battery swap.
This offer by Tesla Motors (NASDAQ:TSLA) will attract almost all their customers because they would be able to get a charged battery in just 3 minutes. All they have to do is just give their discharged battery along with a nominal fee of about $50 to $60 and get a new charged battery. The battery swap program will also bring Tesla Motors (NASDAQ:TSLA) one step closer to attaining the zero emission vehicle certification. Once the zero emission vehicle certification is awarded to Tesla Motors (NASDAQ:TSLA), it will be able to post more profits than expected in 2015.
Tesla Motors (NASDAQ:TSLA) has worked very hard to step out of the jinx of non profitability. It has started to cover up the capital expenditures it has made in the past and is now looking for growth as well. Currently the company is trading close to $210 mark but according to some of the finest analysts in the business suggest that it can hit the $400 mark by the end of this year.
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