Tesla Model S
  • Tesla Model S
  • Tesla Model S

  • tesla model s
  • tesla model s

  • Tesla Model S
  • Tesla Model S

  • Tesla Model S
  • Tesla Model S

  • Tesla Model S
  • Tesla Model S

  • Tesla Model S
  • Tesla Model S

  • Tesla Model S
  • Tesla Model S

  • Tesla Model S
  • Tesla Model S

  • Tesla Model S
  • Tesla Model S

  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
Tesla Motors sold roughly 6,900 of its battery-electric Model S sedans during the last three months of 2013, making it the country's best-selling plug-in vehicle during the fourth quarter.

The California-based automaker beat independent sales estimates by about 20 percent and increased its quarterly sales rate from the third quarter by about 25 percent. More notably, Tesla's fourth-quarter sales beat those of Nissan Leaf EV (6,534 units), and the Chevrolet Volt extended-range plug in (6,334). For the year, Tesla sold about 22,300 vehicles, putting it just behind the Volt's 23,094 vehicles and the Leaf's 22,610. Heck, Tesla sold more green cars last year than Honda, which moved about 20,600 battery-electric, hybrid and plug-in vehicles, combined.

Investors were certainly happy with the news. Shares of TSLA were up around 16 percent in Tuesday trading, closing at $161.27. The news release was conveniently timed to change the story from the issues Tesla has regarding its wall chargers and what's believed to be their potential role in a garage fire. The National Highway Traffic Safety Administration (NHTSA) said earlier today that more than 29,000 of Tesla's wall charger adapters were being recalled. You will find Tesla's press release on Q4 sales numbers below.
Show full PR text
Tesla Revenue Expected to Exceed Guidance by 20% in Fourth Quarter

Sales Driven by Superlative Safety Record and Excellent Cold Weather Performance

TUESDAY, JANUARY 14, 2014

PALO ALTO, Calif. – Tesla sales in the fourth quarter of 2013 were the highest in company history by a significant margin. With almost 6,900 vehicles sold and delivered, Tesla exceeded prior guidance by approximately 20%. A higher than expected number of cars was manufactured as a result of an excellent effort by the Tesla production team and key suppliers, particularly Panasonic.

The two key drivers of demand were the superlative safety record of the Model S and great performance under extremely cold conditions.

Safety Record

Tesla remains the only manufacturer with a perfect safety record of zero deaths or serious, permanent injuries ever. Including the Roadster, Tesla vehicles have now been on the road for almost six years in 31 countries with almost 200 million miles driven to date. Despite dozens of high speed collisions, the driver and passengers have always been protected. This is Tesla's proudest achievement.

Independent testing by the National Highway Traffic Safety Administration (NHTSA) awarded the Tesla Model S a 5 star safety rating overall and in every subcategory without exception. Of all vehicles tested, including every major make and model approved for sale in the United States, the Model S set a new record for the lowest likelihood of injury to occupants. While the Model S is a sedan, it also exceeded the safety score of all SUV's and minivans.

Excellent Cold Weather Performance

Due to the precision of its electric powertrain, the Model S has outstanding traction control relative to the much higher latency and inertia of a gasoline powertrain. As a result, it is able to perform better on snow and ice than many all-wheel drive gasoline cars, as shown in this Tesla produced video:

http://www.youtube.com/watch?v=GS9uDJGi52A

And many independent reviews and customer produced videos:

http://www.youtube.com/results?search_query=tesla%20cold%20weather&sm=3

Tesla's highest sales per capita are in Norway and the individual customer who owns the most cars lives in Narvik, which is above the Arctic Circle.


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    • 1 Second Ago
  • 57 Comments
      Technoir
      • 1 Year Ago
      Most of Teslas factory building is still empty...with plenty of room for expansion. They dont need to buy surrounding property for now.
      Grendal
      • 1 Year Ago
      Besides, it would be an odd business deal to use their property for a factory that has already been said will be a joint venture with others. Definitely Panasonic will be involved, maybe SolarCity, maybe Larry Page or Google, possibly Daimler, possibly Toyota, and definitely Tesla. We'll find out more details in another month and be ready for another big jump in the stock when it happens.
      Eric
      • 1 Year Ago
      The big auto makers have yet to deliver an undeniably great full electric. If Tesla can beat them to the punch and roll out an affordable, mass produced car that people will actually like, they will do well. Large makers keep trying to take their lamest model and turn it into an "electric car" instead of making a great car that happens to be electric. This is why Tesla is doing so well. They understand this, and build nice cars that happen to be electric.
        Vlad
        • 1 Year Ago
        @Eric
        BMW came the closest. Purpose-built, bold, overall pretty awesome.
          m_2012
          • 1 Year Ago
          @Vlad
          Dorky looking, small, slow, and expensive. Just like all the other EV's from mass automakers. Typical automakers do not want EV to make it until its a real money maker. So they neuter it or make it unappealing, then thump their chest saying "see, no body wants them".
      thecommentator2013
      • 1 Year Ago
      I recently read an article on how Tesla might be bought by GM (which doesn't make sense though), but, I do think Tesla will end in the laps of a big corporation, after all.
        m_2012
        • 1 Year Ago
        @thecommentator2013
        Not a chance. That was a hack article and another failed attempt at driving the price down. There are some pretty big shorts out there and they are losing their collective a$$es. Tesla hasnt deviated a bit from the original plan, and the plan has nothing about selling.
          Jared
          • 1 Year Ago
          @m_2012
          GM won't (or can't) buy Tesla cause it is so dang expensive now. I mean they are a $18 B dollar company according to publicly traded stock. How in the world will GM come up with that kind of money? Typically companies sell at a +25% premium over what they get publicly (or why sell it) so for GM to go get $25 B cash seems ridiculous to me. I just don't think another public company would pay that much to own all of a company that sells 20,000 cars a year. I actually sold my Tesla stock cause I thought it had run far enough, I turned out to be wrong and good for them I just bet wrong I guess.
      eric.sales
      • 1 Year Ago
      Merica!
      Grendal
      • 1 Year Ago
      Unheard Tesla news: http://video.cnbc.com/gallery/?video=3000235883&play=1 RHD Model S's are due to be made in March. Those will sell to the UK, Japan, and Australia. (Marco :)) Announcements about the giga-factory will be happening at the Q4 disclosure. Who will partner with Tesla to make the factory happen and where. Personally, I'll bet California. Model X is still this year with full production in 2015. Elon doesn't flinch at calling the Gen III car the Model E which pretty much makes it official. He clarifies that the Model E is linked to the creation of the giga-factory. Not mentioned but coming up: There should be sightings of the Model X beta soon. Expect a big party showing the final version around March or April.
        Grendal
        • 1 Year Ago
        @Grendal
        And China - customers will begin receiving their cars in March. Tesla expects that market to take off like a rocket. and a minimum of 800 cars per week by the end of 2014. Tesla is currently at 600 cars per week.
          Technoir
          • 1 Year Ago
          @Grendal
          Yeah China and Asia in general needs all the EVs it can get! Most Chinese cities are choking in thick clouds of smog. It is unbelievable that their leaders allowed this to happen. It is a total failure in governance and regulation.
          Ziv
          • 1 Year Ago
          @Grendal
          I have only spent a couple months in China, but from that and what I have read, I think most of their pollution comes from coal plants, not cars, because the air is foul outside the cities too. And the wind carries fine particulate matter down from the Gobi too, (at least around Beijing), which adds insult to injury. When the wind blows, you can feel the tiny grit beating on your face.
          m_2012
          • 1 Year Ago
          @Grendal
          I was in China a few months ago. I hope all they only allow is EV's. The smog, er, fog was choking.
      m_2012
      • 1 Year Ago
      OOPS AB! These are worldwide sales. Did you also include worldwide Leaf and Volt sales, or somehow separate US sales?
      Rotation
      • 1 Year Ago
      Oh no. Nissan Titan subject to a recall, but nothing is recalled, Nissan just sends you a new label to stick on your car! http://www.edmunds.com/car-news/2014-nissan-titan-recalled.html I'm sure SuperElon will be complaining at length how unjust this is.
        Letstakeawalk
        • 1 Year Ago
        @Rotation
        How very well dare they call it a recall! We must petition the NHTSA for the creation of a new category to correct this malfeasance! (LOL)
        jeff
        • 1 Year Ago
        @Rotation
        As far as I am concerned he can whine and be eccentric all he wants as long as he keeps doing what everyone else says is impossible....
        Grendal
        • 1 Year Ago
        @Rotation
        It's true. It's one of his faults. He takes it all very personally. He shouldn't complain too much since he increased his personal wealth by about a Billion dollars today. It boggles the mind.
          j
          • 1 Year Ago
          @Grendal
          And when it goes down his paper loss is about a billion. All comes out in the wash though! I don't know about you, but if lost about a billion from something I didn't think was quite right, may may just complain too.
          Grendal
          • 1 Year Ago
          @Grendal
          He's definitely a fighter. It's a big strength for him.
      m_2012
      • 1 Year Ago
      Always gotta throw a spin in there. The quarterly report came out on time. Also, the charger HAD NOTHING to do with the garage fire, other than it was on. So was the guys alarm clock likely. The wiring in the wall burned up.
      jeff
      • 1 Year Ago
      Love him or hate him, Elon know how to promote his companies.... It is the best selling plug in and they do not even have an add campaign. I am going crazy waiting for mine....
        archos
        • 1 Year Ago
        @jeff
        Its not hard to promote when your product is highly attractive, fills a need, and cutting edge. You don't need advertising dollars when you use that formula.
        Grendal
        • 1 Year Ago
        @jeff
        I asked in an old thread, what's your configuration? If you don't mind saying.
          jeff
          • 1 Year Ago
          @Grendal
          I ordered a blue 85kwhr Model S with grey leather, panoramic roof, air ride suspension, tech package and parking sensors.... I did not get the performance model...
          Grendal
          • 1 Year Ago
          @Grendal
          I plan on an 85 kWh with cold weather so far. I really love the blue, good choice. I can't afford the performance model but the non-performance version will be significantly faster than any car I've ever even driven in my life. So I can probably live with it. Everything else is still up in the air until I am ready to buy. If I kill it in the stock market like I did this year then it will be at the early part of 2015 for me. Congratulations. I'm sure you will love the car.
      Grendal
      • 1 Year Ago
      Correction - Seagate bought it about a year ago.
      Grendal
      • 1 Year Ago
      Nope. Seagate already bought the old Solyndra plant a couple months ago for twice! the price Tesla paid for the NUMMI plant. There is a 400K square foot building for sale in Hayward though.
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