Has Elon Musk Cut Tesla's 2015 Electric-Car Guidance A Bit, Maybe?

January 8, 2017 – 04:33 pm

Tesla CEO Elon Musk, demonstrating the Model X third-row seat and falcon doorsAfter the New York financial markets close this afternoon, Tesla Motors will release its first-quarter financial results and its quarterly letter to shareholders.

The company announced last month, just after the close of the quarter, that it had delivered 10, 030 Model S electric cars.

At that time, the company's "guidance" (or informed projection) for its full-year deliveries in 2015 was 55, 000 vehicles.

That number represents a two-thirds increase on the 33, 000 Model S cars it delivered for all of 2014.

Tesla CEO Elon Musk, demonstrating the Model X third-row seat and falcon doors

Enlarge Photo

The increase for 2015 includes not only the latest P85D and 70D all-wheel-drive versions of the Model S, but also some unknown quantity of sales of its upcoming Model X.

Tesla Model X testing on California road, Mar 2015 [Twitter: ModelXnews]That electric SUV is scheduled to start deliveries in the second half of the year, though Tesla has not yet shown its final production version to the public.

But as a blog post in The Wall Street Journal on Monday notes, it may be that Tesla CEO Elon Musk has already walked back that 2015 number-at least incrementally.

Last week, he told Japanese news agency Nikkei that, "this year, maybe, we’ll be a little bit above 50, 000 cars."

Tesla Model X testing on California road, Mar 2015 [Twitter: ModelXnews]

Enlarge Photo

The proof will come in the documents Tesla releases later today, but one possibility is that Musk was being-as the Journal put it-"uncharacteristically modest."

Otherwise, it's at least possible that the official guidance for 2015 deliveries will be cut.

Before Model X deliveries were delayed last year from the first half of 2015 to the second half, Tesla had expected to sell deliver 60, 000 electric cars in 2015.


Source: www.greencarreports.com

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