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William Maley

Editor/Reporter - CheersandGears.com

June 7, 2012

Tesla's sales and financials have been taking a plunge since the company pulled the plug on their only model, the Roadster last year. However, the company has great hopes for improvement when the new Model S is launched.

Tesla CEO Elon Musk told shareholders yesterday that he is “highly confident” that the company will achieve sales of 20,000 vehicles in 2013.

The Model S, which will start at $57,400 (before a $7,500 federal tax credit), will initially be offered in the U.S.. Tesla will then expand availability to Europe and Japan in six months, followed by China next year.

Tesla will also begin to offer leases next year, recognizing that many luxury car buyers lease.

“We may see an even greater proportion of our cars leased. The best way to see the cost advantage is through leasing. That way you can see the total monthly cost to operate a [Tesla] car versus a gasoline car,” Musk said.

Source: Automotive News (Subscription Required)

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If this all happens in 2013 with Euro and Japan with China in 2014.

Do they have the money to get a 20,000 car production line up and running plus still pay everyone for a year of no production?

Some how I do not see this being a successful company without being consumed by someone much bigger.

SAmadei

Members

Do they actually have that sort of production capacity?

NUMMI can't handle 20K a year? Granted, Tesla may still have labor or supply chain issues, but they have a capable factory.

Do they actually have that sort of production capacity?

NUMMI can't handle 20K a year? Granted, Tesla may still have labor or supply chain issues, but they have a capable factory.

I was looking at the entire supply chain.

pow

Members

Article says 2013, title reads 2012.

2013 goal is realistic; 2012 goal won't be possible considering mass deliveries don't begin until later this month.

Speaking of Tesla, some of their cool robots at Fremont in action:

regfootball

Members

i think the Fusion hybrid looks about the same and is half the price.

daves87rs

Members

Not going to happen.

Much of this is going to depend on happy economy...

ocnblu

Members

Tricky. There is a difference between "selling" 20k of these junkers and "delivering" them to the hapless buyers.

yougojay

Members

Even CEO's can be crackheads...this guy obviously has been smoking something -

balthazar

In Hibernation

10,000 in year 1 would be an incredible success.

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