Published

Tesla Boosts Sales to 101,300 EVs

Tesla Inc. reports it sold a record 101,300 all-electric cars last year, up 33% from its result in 2016.
#hybrid

Share

Tesla Inc. reports it sold a record 101,300 all-electric cars last year, up 33% from its result in 2016.

The company’s fourth-quarter sales reached 29,900 vehicles, including 1,600 of its recently introduced Model 3 sedan. The company, which built 24,600 Model 3s during the same period, says it has made “major progress” in overcoming bottlenecks that have hobbled output.

Tesla expects to achieve weekly production rates of about 2,500 Model 3 cars by the end of March and 5,000 by the end of June.

RELATED CONTENT

  • Electric Trucks Emerging

    Rudolph Diesel—who, incidentally, died mysteriously while traveling by a post office steamer on the English Channel in 1913—must be rolling in his grave.

  • Hyundai Shops for a Partner to Make Electric Scooters

    Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.

  • UPS to Test Electric Delivery Truck

    United Parcel Services of America Inc. is partnering with Los Angeles startup Thor Trucks Inc. to test a fully electric Class 6 delivery truck.

Gardner Business Media - Strategic Business Solutions