2019 Tesla Model 3 Mid Range 4dr Fastback on 2040-cars
Engine:Electric
Fuel Type:Electric
Body Type:Sedan
Transmission:Automatic
For Sale By:Dealer
VIN (Vehicle Identification Number): 5YJ3E1EA2KF190720
Mileage: 77977
Make: Tesla
Model: Model 3
Trim: Mid Range 4dr Fastback
Drive Type: --
Features: --
Power Options: --
Exterior Color: Burgundy
Interior Color: Black
Warranty: Vehicle has an existing warranty
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Tesla: Earnings still down, but rate of Model S production way up
Tue, 06 Nov 2012According to its Third Quarter 2012 Shareholder Letter, Tesla "is now at over 200 cars per week or 10,000 cars per year, which is at the critical threshold needed for Tesla to generate positive operating cash flow."
That's an important milestone to be sure, but the news is actually even better; Tesla expects to ramp Model S production up to 400 cars per week (20,000 units/year) by December of 2012, and says it will deliver 2,500 to 3,000 units in the fourth quarter of 2012. That's lower than the previous target of 5,000 in 2012, but it's more an issue of delayed achievement rather than missing the mark altogether.
All of that production bodes well for the future, but as of today, the automaker has yet to earn real money. Revenue for the third quarter of 2012 was $50 million, equating to a net loss of about $110 million after expenses were tallied. The stock market likes the numbers, with TSLA shares rising 8.9 percent on Monday after the report was released.
Edmunds' long-term Tesla Model S has been wonderful, woeful
Thu, 31 Jul 2014We generally don't report on other outlets' long-term model tests, but Edmunds just completed a 17-month ownership experience with a 2013 Tesla Model S. It's just too interesting not to share.
The site bought a 2013 Model S Performance model for the added range of its 85-kilowatt-hour battery and tossed on a good variety of options for a total price of $105,005, including a wall charger. In terms of driving the electric hatchback, the folks there seemed to love it. There were a few minor gripes, but for the most part it offered sufficient driving range, plenty of space and generally good quality.
However, the ownership experience was hardly flawless. The journalists there were never quite able to hit the Model S' promised range of 265 miles, with a best real-world result of 230.4 miles during their ownership. Also, while they had it, the Model S had a rash of unscheduled trips for service - seven times - and their Tesla left them stranded by the side of the road once.
Is Tesla quietly sitting on 3,000 cars?
Thu, 13 Nov 2014Tesla's 2014 third quarter financial report mixed some positive news with gloomy messages. On one hand, the electric carmaker posted its best quarter ever in terms of deliveries, including its best single day with 907 EVs delivered. The company also announced expanded production to get even more vehicles out the door by the end of 2015. However, the Model X got delayed yet again and higher prices in Europe were mulled. Dousing the results with a bit more cold water, a Merrill Lynch investor letter claims there's more to be pessimistic about the business than meets the eye.
The Daily Kanban, quoting research meant for Merrill Lynch clients, claims that Tesla had "approximately 3K vehicles stocked in inventory or in transit" at the end of the Q3. That's a fairly large number considering that the company reports selling 7,785 units for the whole quarter. The statement is also surprising because the automaker has a reputation for keeping excess supply low, and there are allegedly waiting lists for Model S sedans. CEO Elon Musk maintains that the automaker has a problem being able to keep up with high demand, as well.
According to Daily Kanban, the letter further states, "China is proving to be more challenging for Tesla to penetrate than expected." The automaker does not break out sales by region in its Q3 financials to check this assertion, however, the company does report the recently opened store in Shenzhen is one of its top-grossing stores worldwide and that there are now 23 Supercharger locations in 10 Chinese cities.