Will Tesla Motors Continue Improving in the Long Run? - InvestorGuide
After a long struggle, Tesla Motors ( TSLA ) had first reported profits in 2013. It has gained real momentum since it has launched Model S. Sales of this model in 2013 were 22,477 and in 2014 the number increased to 31,655 units in Europe and... In the first quarter of 2015 itself, Tesla has sold 10,030 units of Model S, setting a higher pace of growth. It is estimated that Tesla Motors sold about 2,400 Model S sedans in May 2015 and most of them were in North America (55%). In Europe, it sold 30% and in the huge Asia-Pacific region it sold only 15%. In China, where it had placed high hopes, it... It has hit the 25% mark as compared to 22% in the fourth quarter of 2014. This phenomenal growth can easily be attributed to the growth in the sales of Model S. Model S has sold 56% more in the first quarter of 2015 than in the same quarter last... Tesla Motors has a full year target of 55,000 deliveries this year, which would be a whopping 74% higher than what it made last year. The Model S was the next car launched by Tesla in 2012. This model is the current generation model and is well. Source: www.investorguide.com
