Published

Tesla Sells a Record 11,500 EVs in Second Quarter

Tesla Motors Inc. hiked quarterly deliveries of its Model S electric sedans to a record 11,500 units in April-June.
#hybrid

Share

Tesla Motors Inc. hiked quarterly deliveries of its Model S electric sedans to a record 11,500 units in April-June. Volume was up 52% from the second quarter of 2014.

The company sold 33,000 cars in 2014. It expects to sell about 55,000 units in 2015, aided by the launch of its Model X crossover later this year. The new model will share is platform with the $76,000 Model S and is expected to be similarly priced.

CEO Elon Musk has said he hopes to unveil a prototype of Tesla's $35,000 Model 3 electric sedan next spring and begin sales of that model in early 2017.

RELATED CONTENT

  • On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint

    GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.

  • 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.

  • 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