NEW YORK (CNNMoney.com) — Tesla Motors turned profitable for the first time in July, when the electric car manufacturer shipped a record 109 vehicles, the company said Friday.A surge in sales and reduced manufacturing costs of Tesla’s Roadster 2 sports car helped boost the company to $1 million in earnings and $20 million in revenue.
“There is strong demand for a car that is unique in offering high performance with a clean conscience,” said Tesla Chief Executive Elon Musk, in a prepared statement. “Customers know that in buying the Roadster they are helping fund development of our mass market electric cars.”
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