Tesla Motor Company can’t be too pleased with their last quarter earnings. After reporting a 38.5 Million loss in the 2nd quarter, investors may be inclined to sell off their stocks before a major drop. At press time, Tesla is trading at $20.18, only a dollar less than opening. Many analysts believe that Tesla is spending most of their money on the development of their newest vehicle, the Model S. Tesla just recently purchased a manufacturing facility for $42 million to speed up development on the Model S.

In and actually looks similar to the uber-popular Toyota Prius. These two cars are in two totally different price ranges, but I honestly don’t think they’re will be much difference in terms of performance. The Tesla brand is often associated with Silicon Valley millionaires who enjoy the sporty and environmentally sound look.

Although Tesla won’t be showing any positive profit in the next couple of months, many are hopeful and confident that they’ll be able to rebound successfully. Due to the fact that the company is fairly new and slowly expanding, we can’t count them out just yet. It will be interesting to see what they can deliver in the next couple of months.