Tesla Motors Delivers Record 25000 EVs In First Quarter

Posted: Apr 3 2017, 8:43am CDT | by , in News | Cars & Vehicles

 
Tesla Motors Delivers Record 25000 EVs in First Quarter
  • Tesla Motors arranges for 25,000 Deliveries as Time for Model 3 Arrives Closer

Tesla Motors has arranged for 25,000 deliveries as the time for the revealing of its Model 3 has arrived closer.

Tesla Motors has outdone itself by delivering and producing many vehicles in the first quarter of its annual retail business cycle. This has happened as the CEO, Elon Musk, makes plans for the making of the Model 3 in July of 2017.

Tesla as everyone knows is the manufacturer of electric vehicles and energy-storage devices. It made shipments of over 25,000 cars in the first 3 months of 2017.

These 25,000 vehicles delibered in Q1 include 13,450 Model S sedans and 11,550 Model X SUVs. This outdoes the original plan of delivering 24,200 vehicles.

Also this was a new quarterly record for us and represents a 69% increase over Q1 2016. In the first six months of this year, Tesla will thus have delivered 50,000 vehicles which is a record if ever there was one.

"In addition to Q1 deliveries, about 4,650 vehicles were in transit to customers at the end of the quarter. These will be counted as deliveries in Q2 2017," Tesla said in a statement. "Q1 production totaled 25,418 vehicles. This was also a new quarterly record for us."

The Model 3 though is the main mechanical fixture on the scene right now. As for the delivery of 25,000 vehicles, it is something which adds to the firm reputation of Tesla Motors as the wave of the future.

The public is looking forward to the Model 3 with great enthusiasm and a sense of eager anticipation. The report says it all. It has been a wonderful year for Tesla Motors. The Model 3 is the first high-volume, economical car that Tesla Motors has come up with.

Thanks to this model of car, Tesla’s shares have skyrocketed by upto 30%. This is due to the confidence which the investors have shown in the company. Trust is something which is built over years of dedicated service by producers for worthy consumers.

Tencent Holdings Ltd. has a 5% stake in all this. Tesla Motors is known for churning out quality cars in Fremont, California. Elon Musk has said that the goal for 2018 is 500,000 cars which seems to be an impossibility.

Yet such an assertive claim by Musk shows his unbridled optimism and drive for excellence. Among the deliveries made during the first three months of 2017 are 13,450 Model S sedans. Also 11,550 Model X sport utility vehicles were included among the long list of deliveries.

Tesla Motors is looking forward to improving its lineup of vehicles and sprucing its image as the future of automobile-making in America. The Model S is its least costliest vehicle at $74,500, according to Bloomberg.

This is one company that is going places with its smart series of cars which make you the owner of a hot set of wheels with money left to burn.

This story may contain affiliate links.

Find rare products online! Get the free Tracker App now.


Download the free Tracker app now to get in-stock alerts on Pomsies, Oculus Go, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Advertisement

comments powered by Disqus