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Tesla Motors Inc  Chief Executive Elon Musk has told investors his electric car company will stop burning cash and turn a profit this year, and corralling costs associated with quality problems will be critical to making good on that pledge.

While Tesla has trimmed its average warranty repair cost per premium electric vehicle since 2014, it still spends more than twice as much as General Motors Co and Ford Motor Co  according to a Reuters analysis of company data.

Tesla's warranty costs are also higher than those of Germany's Daimler AG, maker of Mercedes-Benz luxury cars.



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High Warranty Costs Standing In The Way Of Tesla Profits

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