Tesla posts 70 percent rise in quarterly deliveries, backs 2016 target

Tesla posts 70 percent rise in quarterly deliveries, backs 2016 target
 

Tesla Motors Inc (TSLA.O) said on Sunday its third-quarter deliveries rose 70 percent to 24,500 cars, following production improvements, cheaper lease deals and reports of discounts on some vehicles.
Deliveries are a key metric of performance for the luxury electric vehicle manufacturer, which had missed these targets in the previous two quarters.
The improved deliveries for the third quarter bring Tesla closer to meeting its second-half 2016 target of 50,000 vehicles, which it reiterated on Sunday. It said in a statement that fourth-quarter deliveries would be "at or slightly... read more

 
2 October 2016 in Business, Views: 55
Source: Reuters
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