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    cleantech-investing

    Tesla Achieves Fourth Quarter Guidance Figures

    Morag Mcgreevey
    Jan. 05, 2016 09:30AM PST
    Cleantech Investing

    Tesla Motors (NASDAQ:TSLA) has hit its fourth quarter guidance figures.

    Tesla Motors (NASDAQ:TSLA) has hit its fourth quarter guidance figures.
    According to the press release:

    Tesla Q4 deliveries consisted of 17,192 Model S vehicles and 208 Model X vehicles. (507 Model X vehicles were produced during Q4 with the remainder to be delivered in early Q1.)
    Q4 Model S deliveries were approximately 48% more than our prior quarterly record and approximately 75% more than Q4 last year. Model X deliveries are in line with the very early stages of our Model X production ramp as we prioritize quality above all else. That ramp has been increasing exponentially, with the daily production rate in the last week of the year tracking to production of 238 Model X vehicles per week.
    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.

    Click here to read the full press release.

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