Global car buyers in big numbers are opting for Tesla models.
Global car buyers in big numbers are opting for Tesla models.

Tesla Reports Record Delivery Numbers

Tesla Reports Record Delivery Numbers

Electric-only car company Tesla, announced that in first three months of 2017 the company delivered over 25,000 vehicles to its customers.
The record quarter marks a shift if the company’s profits as it was a 70% rise year-on-year according to the company’s own statistics, BBC reported on April 4.
The electric car maker said that was a 70% rise on the same period of 2016.
It is a rebound for the US company after production problems late last year resulted in a 9% fall in deliveries in the fourth quarter.
Tesla was founded in 2003 and is controlled by entrepreneur Elon Musk, who also owns the space rocket firm, SpaceX.
Last week China’s Tencent Holdings bought a 5% stake in Tesla for almost $1.8 billion.
That was a boost for the company which has been investing heavily in raising production and faces an expensive year, with the launch of the new Model 3.
It is a medium-sized car which Tesla describes as its “most affordable” car yet and it hopes will have mass market appeal.
The Model 3 is due to go on sale in the US this year priced at $35,000.
That would be significantly cheaper than Tesla’s current models - the Model X, an SUV, and the Model S, a sporty saloon, both priced at more than $70,000.
In the first quarter Tesla delivered 13,450 Model S cars and 11,550 of the Model X.
The company does not sell in Iran, as US sanctions and a ban on American products in the country leave the market to Tesla’s Asian competitors.

Short URL : https://goo.gl/9zGI7b
  1. https://goo.gl/sxcK3S
  • https://goo.gl/2CHNh3
  • https://goo.gl/73kZS6
  • https://goo.gl/i4I4kl
  • https://goo.gl/TuePZZ

You can also read ...

Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Tehran Startup  Studio Launched
The University of Tehran and the Noor Credit Institution have...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...

Add new comment

Read our comment policy before posting your viewpoints