Tesla Motors delivered 11,580 of its Model S electric sedans during the third quarter of 2015, which ended September 30. The California-based automaker was quick to mention that the number shouldn't give folks a reason to look too far into its prospective financial results for the past three months. That said, the sales mark a 49 percent jump from a year earlier.
As usual, Tesla didn't say how those sales broke down month by month. Additionally, the company didn't disclose how many of those cars were sold in North America versus overseas. But the stock market appeared to appreciate the news, as Tesla shares rose 3.2 percent the day of the announcement. The increase is certainly a heck of a lot better than how Tesla's US plug-in competitors are doing, with sales that are way down this year.
Late last month, Tesla presented its Model X electric SUV in typically buzzy fashion, with CEO Elon Musk showing off the car's falcon-winged doors and other features at an event at Tesla's San Francisco Bay Area factory. Tesla also made its first Model X deliveries at the event, some of the so-called Founders Series vehicles, which cost a cool $132,000 a pop. No specifics on how the "base" Model X will be priced, but Musk has said they'll be about $5,000 more than a comparable Model S.
Tesla hasn't announced when it will release its third-quarter financial results, but last year's numbers were released during the first week of November, so we expect a similar timing this year. Take a look at Tesla's press release below.
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As usual, Tesla didn't say how those sales broke down month by month. Additionally, the company didn't disclose how many of those cars were sold in North America versus overseas. But the stock market appeared to appreciate the news, as Tesla shares rose 3.2 percent the day of the announcement. The increase is certainly a heck of a lot better than how Tesla's US plug-in competitors are doing, with sales that are way down this year.
Late last month, Tesla presented its Model X electric SUV in typically buzzy fashion, with CEO Elon Musk showing off the car's falcon-winged doors and other features at an event at Tesla's San Francisco Bay Area factory. Tesla also made its first Model X deliveries at the event, some of the so-called Founders Series vehicles, which cost a cool $132,000 a pop. No specifics on how the "base" Model X will be priced, but Musk has said they'll be about $5,000 more than a comparable Model S.
Tesla hasn't announced when it will release its third-quarter financial results, but last year's numbers were released during the first week of November, so we expect a similar timing this year. Take a look at Tesla's press release below.
Related Video:
Tesla Delivers 11,580 Vehicles in Q3 of 2015
PALO ALTO, CA--(Marketwired - Oct 2, 2015) - Tesla Motors, Inc. (NASDAQ: TSLA)
This includes our first deliveries of Model X. Although we had one week of planned production shutdown, this delivery level represents a 49% increase over Q3 last year as well as the sixth consecutive quarter of growth.
There may be small changes to this delivery count (usually well under 1%), as Tesla only counts a delivery if it is transferred to the end customer and all paperwork is correct.
Also, this is 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.
PALO ALTO, CA--(Marketwired - Oct 2, 2015) - Tesla Motors, Inc. (NASDAQ: TSLA)
This includes our first deliveries of Model X. Although we had one week of planned production shutdown, this delivery level represents a 49% increase over Q3 last year as well as the sixth consecutive quarter of growth.
There may be small changes to this delivery count (usually well under 1%), as Tesla only counts a delivery if it is transferred to the end customer and all paperwork is correct.
Also, this is 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.
Featured Gallery 2015 Tesla Model S P85D: Detroit 2015
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