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Social network participation among Fortune 500 CEOs Positive trends point to a US embrace of solar power

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Many believe the US is on the brink of a new industrial age, as it benefits from a recent energy boom. Here we look at the major components of hydraulic fracturing, its environmental implications, and its impact on the US and global economies

Shale gas extraction explained

Many believe the US is on the brink of a new industrial age, as it benefits from a recent energy boom. Here we look at the major components of hydraulic fracturing, its environmental implications, and its impact on the US and global economies

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Tesla’s positive buzz

Though it revealed a net loss of $90m for Q4 2012 ñ approximately $0.79 per share ñ electric vehicle manufacturer Tesla maintained its predictions of a first quarterly profit in its Fourth Quarter & Full Year 2012 shareholder letter. Investor confidence has taken a significant dive, but Tesla saw revenues of $306m through Q4 (a 500 percent increase on Q3) and concluded the year with $221m in total cash
despite its losses.

Despite consistent improvements to its profitability margins, Tesla has yet to negate excruciatingly high research and sales expenses. Demonstrating a debt-to-equity ratio of 3.62, the carmaker is yet to repay $450m of long-term debts ñ let alone $1bn in overall liabilities.

It remains to be seen whether Tesla can overturn its negative free cash flow (which is now in excess of $500m) or its negative cash conversion cycle of 46 days, but the company sustains hopes of a profitable return (for the next quarter at least).