Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Tesla gears down Q4 deliveries

January 05, 2017


Abstract : Tesla Motors Inc fell short of analysts' estimates for fourth-quarter deliveries, as production delays continued to plague the carmaker led by Chief Executive Officer Elon Musk.

BEIJING, Jan. 5 (Xinhua) -- Tesla Motors Inc fell short of analysts' estimates for fourth-quarter deliveries, as production delays continued to plague the carmaker led by Chief Executive Officer Elon Musk.

The Palo Alto, California-based maker of electric cars and energy-storage devices delivered about 22,200 vehicles in the fourth quarter, Tesla said on Tuesday.

That brought the year-end total to 76,230, below Tesla's guidance. In 2015, Tesla delivered 50,658 vehicles and aimed for at least 80,000 in 2016.

The company has been working to keep sales of its Model S sedan and Model X SUV strong while consumers await the smaller, less-expensive Model 3, which isn't slated to begin production in volume until late 2017.

Over the holiday weekend, Tesla said customers who order a vehicle before Jan 15 will continue to receive free Supercharging for long-distance travel. After that, customers will get about 1,000 miles (1,609 kilometers) of free Supercharging credits, then face nominal fees, which will vary regionally based on the cost of electricity.

The automaker releases global sales figures quarterly, instead of the monthly country-by-country results typical of other automakers. The delivery count only includes a car if it's transferred to the customer and all paperwork is correct. (chinadaily.com.cn)

Scan the QR code and push it to your mobile phone

Keyword: Tesla

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial