Stories
Slash Boxes
Comments

SoylentNews is people

posted by janrinok on Friday August 07 2015, @06:32PM   Printer-friendly
from the braking-gently dept.

Tesla Motors Inc. fell in extended trading after the electric-car maker backed off its full-year vehicle sales forecast.

Tesla said it now aims to deliver 50,000 to 55,000 vehicles this year, compared with a previous target of 55,000. The company sees third-quarter production and deliveries of just more than 12,000 vehicles including just a few Model X sport utility vehicles.

Reaching the initial target may be a stretch because some interior suppliers might not be able to increase the flow of high-quality parts fast enough to meet the Model X production plan, Chief Executive Officer Elon Musk said on a conference call with analysts. Because the SUV and the existing Model S share the same assembly line, a shortfall by one Model X supplier could slow output of both vehicles.

All is not wine and roses at Tesla, despite the glowing press they receive.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2, Funny) by Anonymous Coward on Saturday August 08 2015, @01:06AM

    by Anonymous Coward on Saturday August 08 2015, @01:06AM (#219747)

    I'm convinced jmorris is not a real person, just a shill from the Heartland Institute that occasionally wanders over to this site and posts the company line...

    Starting Score:    0  points
    Moderation   +2  
       Interesting=1, Funny=1, Total=2
    Extra 'Funny' Modifier   0  

    Total Score:   2