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Wednesday 11 February 2015

Tesla falls short on Model S deliveries as Elon Musk battles Mother Nature


Tesla just announced that it shipped a total of 9,834 Model S vehicles in the fourth quarter, falling short of the 11,000 figure the company was aiming for. In November, Tesla said it would miss its original goal of hitting 35,000 Model S deliveries for calendar year 2014, revising the figure to 33,000. Tesla didn't announce a definitive 2014 deliveries figure with today's earnings, but has obviously fallen short of the adjusted marker.


As evidence of the volatile business Tesla is in, the company said over 1,000 shipments slipped back into 2015 because of "a combination of customers being on vacation, severe winter weather and shipping problems (with actual ships)." All told, the automaker's stock had a rough quarter, posting a loss of...


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