Tesla – 2014

Tesla – 2014

Tesla Model S Sales Exceeded 22,000 Units Globally in 2013
Jan. 14th, 2014

With news that Tesla Motors sold 6,900 Model S sedans globally in Q4 of 2013, we can now piece together the 2013 sales puzzle.

Tesla’s Q3 financials confirmed 15,500 sales. Now, with this Q4 statement of 6,900 added in, we can say that Model S sales in 2013 were approximately 22,400.

That’s a global sales figures, though the majority of those 22,400 sales were in the US.

The 6,900 units sold in Q4 were roughly 20% over what Tesla had expected. Similarly, Tesla sold approximately 25% more Model S sedans in Q4 than it did in Q3.

In related news, Tesla expects its Q4 revenue to exceed guidance by roughly 20%.

Why Tesla Motors Inc. Stock Is Racing Higher

The company issued a press release today announcing expansion of its Supercharger network in Europe.

So what: The expansion of the network enables free and convenient long-distance travel between the Netherlands, Germany, Switzerland, and Austria. There are now 80 Supercharger stations worldwide, of which 14 are in Europe (four of them in Germany).

Tesla anticipates that by the end of March 2014, over 50% of the German population will live within 320 kilometers of a Supercharger — and that by the end of the year 100% will be covered. According to Tesla’s website, the company plans to eventually allow battery swaps at its stations for a fully charged battery in less than half the time it would normally take to refill a gas tank.

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