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Profit for Tesla

This is great news!

Tesla said it sold more than 4,750 Model S sedans in the first quarter, up from the prior forecast of 4,500.

“There have been many car startups over the past several decades, but profitability is what makes a company real. Tesla is here to stay and keep fighting for the electric car revolution,” CEO Elon Musk said in a statement Sunday.

But this is kind of disappointing:

Instead, the few customers that ordered the 40 kWh version will receive a car with the next level up (60 kWh), but it will be “software limited” to the lower level. Those customers or future owners of the car can pay to upgrade to the longer-range battery option.

For some reason this just doesn’t sit well with me. Seems like a waste…