Tesla CEO talks Model X Gen 3 new markets Business Tech CNET News

23 Фев 2014 | Author: | Комментарии к записи Tesla CEO talks Model X Gen 3 new markets Business Tech CNET News отключены
Tesla Model X

Tesla CEO talks Model X, Gen 3, new

Tesla s Model X SUV is due by the end of 2014, the CEO Wednesday.

(Credit: Tesla)

Tesla reported better-than-expected Wednesday, its chief executive upcoming models and challenges the car company faces.

The Palo Calif.-based electric carmaker a second-quarter non-GAAP profit of $26 or 20 cents a share, beating an non-GAAP loss of 17 cents.

That drove the stock up in after-hours trading to $153 a up from Wednesday’s $134 price.

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were $405 million, the average analyst estimate of million.

Tesla announced it had sold 10,500 Model S in the first six months and is on track to a yearly rate of 40,000 by 2014 as it expands into and Asia.

The 2013 Model S at about $70,000.

During the conference call, Tesla CEO Elon Musk talked the upcoming Model X SUV, Gen 3 car. and challenges as it enters new in Europe and China.

Model X (SUV):

We are hard at on the Model X refining the design. We to be in limited [volume] to deliver a number of units at the end of next and then volume production [occur] in 2015.

Model S for new

We have got right hand that’s coming out in the spring. there is the China version and there’s the European version. is the Japan right hand versions. Also, in Europe, we are not trying to push sales hard because if you order a car in you are going to get it get it in, like maybe,

Tesla Model X

So we really again need to our production. We need to make that the entry of the car into is smooth, that people a good experience with the that all the service centers are that the people are well

Gen 3 lower-priced $35,000 model:

I see a fairly clear path to vehicle. I have high that we can create a compelling for around $35,000, compelling a 200 mile range.

On challenges suppliers:

I feel like we are able to attract. A team on because whereas previously we had trouble attracting A team suppliers because they we wouldn’t be around long-term and we that issue where were predictions] that would only ever 3,000 cars lifetime of the S. Then we sold that in, the first quarter of production.

On BMW’s electric car:

I am glad to see that BMW is bringing car to market. That’s cool. I there is room to improve on the i3 and I that they do.

I really do other manufacturers bringing cars in the market because is a good thing. that’s going to result in humanity a sustainable transport future. I it was going faster than it is.

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