Tesla barley hits its 2015 sales target image

Tesla Motors sold 17, 400 vehicles in the fourth quarter, succeeding in hitting its target of at least 50, 000 vehicles for the year.

The forecasts for Tesla’s annual 50,000 sales target were not very encouraging after the company’ s reports of its third quarter sales from a couple of months ago. Tesla’s plan for the final quarter of the year was to build 15,000 to 17,000 vehicles and deliver 17,000 to 19,000 cars, which would result in 50,000 to 52,000 total units for 2015. It was a hard task for the company, as it had to sell more than double the units during November and December than it had delivered until that point as monthly average. In the third quarter, Tesla exceeded its plan by producing 13,091 vehicles, with a total of 33,174 reported sales from the beginning of the year. The company is already down from the optimistic prediction of 55,000 cars at the beginning of the 2015, with a Q3 loss non-generally accepted accounting principles of 75 million dollars.

For the final quarter, the electric automaker has just announced it delivered 17,400 cars, finally hitting its revised planned target for 2015, reaching a total of 50,580 sales last year, Tesla said in a statement Sunday. Tesla is producing two all-electric vehicles, the Model S sedan and the Model X crossover, on a shared assembly line at its factory in Fremont, California. Tesla said 208 Model X vehicles have been delivered so far, the first models being turned over to owners during a launch event on September 29.