Articles Tagged Press Release
Articles tagged "Press Release"
PALO ALTO, Calif.-- Tesla Motors, Inc. will hold a conference call on April 2, 2013 at 2:00pm Pacific Standard Time (5:00pm Eastern Standard Time) for media, analysts and investors to make an announcement. Following remarks from Elon Musk, Tesla Motors co-founder and CEO, media and analysts are invited to participate in a question and answer session.
Tesla Motors announced today that sales of its Model S vehicle exceeded the target provided in the mid-February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs. the 4,500 unit prior outlook. As a result, Tesla is amending its Q1 guidance to full profitability, both GAAP and non-GAAP.
Tesla Motors is furthering its commitment to the Netherlands in 2013. Tesla recently announced its European Final Assembly Plant in Tilburg, and now plans to open a new retail store and service center in Amsterdam this year. Tesla looks forward to bringing many new jobs to the Netherlands, one of its most important global markets.
Tesla Motors debuted its Model X design prototype at the Geneva Motor Show today alongside Model S, Tesla’s award winning premium sedan. European production of Model S begins in June, followed by deliveries in July.
Tesla Motors Model S is now available for in-person customer demonstrations and test drives in Hong Kong. Model S is the world’s first premium sedan built from the ground up as an electric vehicle and has been engineered to elevate the public’s expectations of what a premium sedan can be. Hong Kong is the first location in Asia where customers can drive Model S on public roads.
Tesla Motors (NASDAQ: TSLA)
Tesla Motors won dismissal of a lawsuit brought by the Massachusetts State Automobile Dealers Association claiming Tesla was in violation of Massachusetts law by conducting sales within the Commonwealth of Massachusetts. A Superior Court judge dismissed the case based upon the auto dealers’ lack of standing and failure to state a claim.
Tesla Motors set European pricing today for its award winning Model S premium sedan. European customers will have the opportunity to choose either a 60 or 85 kWh Model S. Country-specific prices can be found on Tesla's website.
For customers in the United Kingdom, production of right-hand drive Model S is planned to begin in late-2013. Final pricing will be announced approximately four to five months prior to the start of deliveries.
As a key step towards beginning worldwide distribution of Model S, Tesla Motors announced today that it will begin operations this month at its new European Distribution Center in Tilburg, Netherlands. This new facility will serve as Tesla’s European service and parts headquarters, as well as the final assembly and distribution point for Model S vehicles sold in Europe. General production of European left-hand drive Model S is planned to begin in March 2013.
Tesla Motors (NASDAQ: TSLA) opened its first “new design” retail store in Toronto, Canada today. Tesla’s new store, located in Yorkdale Shopping Centre, features interactive displays and design studios where customers can design their own Tesla Model S on a large touchscreen and then view it on an 85-inch video wall in the back of the store.