50,580 Tesla Vehicles Delivered In 2015; 17,400 Delivered In Fourth Quarter

Posted: Jan 4 2016, 12:09pm CST | by , in News | Technology News

Tesla's CEO Elon Musk
Photo credit: Getty Images

Based in Palo Alto, California, Tesla Motors just released information that it delivered a total of 50,580 vehicles last year 2015, with 17,400 delivered within the fourth quarter of 2015.

For the fourth quarter of last year, 17,192 Model S vehicles were delivered. A total of 507 Model Xs were manufactured in Q4 of last year, but only 208 of them were delivered; the remaining 299 to be delivered within the first quarter of 2016.

The number of Model S vehicles delivered in the fourth quarter of last year was above that of the third quarter by 48%, and nearly 75% higher than the number recorded for the fourth quarter of 2014. The Tesla Model X rates very high in quality and it was able to produce about 238 Model X vehicles weekly in the last days of 2015.

Tesla as a matter of policy takes a vehicle delivery into account if a customer takes possession of it with all paperwork correct, and this policy cuts slightly into the company’s vehicle delivery count by nearly 1%.

The automaker however warns that “Our vehicle deliveries represent only one measure of our financial performance and should not be relied on as an indicator of our quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.”

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The Author

<a href="/latest_stories/all/all/52" rel="author">Charles I. Omedo</a>
Charles is covering the latest discoveries in science and health as well as new developments in technology. He is the Chief Editor or Intel-News.




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