Skip to main content

deliveries

See All Stories

Tesla’s (TSLA) stock down sharply following Q2 delivery miss, Deutsche Bank adjusts for a loss [Note]

Tesla (TSLA) montreal

tesla montreal

Today is the first trading day for Tesla’s (TSLA) stock after the automaker released its second quarter production and delivery results – missing its goals for both. The automaker confirmed missing its delivery guidance of 17,000 vehicles in Q2 with only 14,370 vehicles, while also missing its production guidance of 20,000 vehicles with only 18,345 vehicles.

The stock price fell sharply (over 4%) in pre-market. Now the first Wall Street analysts are commenting and adjusting their earnings prediction to account for the new information released by Tesla.
Expand
Expanding
Close

Tesla (TSLA) missed on deliveries in Q2 with 14,370 vehicles and production of 18,345 vehicles

tesla model x promo shot 3- 2

Tesla (TSLA) released today its production and delivery numbers for the second quarter 2016. The automaker confirmed missing its delivery guidance of 17,000 vehicles in Q2 with only 14,370 vehicles, while also missing its production guidance of 20,000 vehicles with only 18,345 vehicles.
Expand
Expanding
Close

Tesla Model S deliveries are up 117% in Switzerland where the automaker dominates the luxury segment [Chart]

tesla_model_s_snow

Switzerland was Tesla’s breakout European market last year and it continues to be an impressive market for the company. Deliveries were up 213% year-over-year at the end of 2015 and now we learn that  Model S deliveries are up 117% in the first quarter 2016 versus the same period last year, according to registration data.
Expand
Expanding
Close

Tesla Model S deliveries are up 25% in the Netherlands – record deliveries in March [Chart]

Tesla Model S promo shot

The Netherlands is an important market for Tesla. It’s the automaker’s second biggest market in Europe, behind Norway, though technically it was Tesla’s third biggest European market in 2015 because of the temporary surge in sales in Denmark ahead of this year’s tax increase for electric vehicles.

But now that Tesla’s sales are virtually nonexistent in Denmark following the price increase, the Netherlands is back as the second biggest market in Europe and things are looking good for 2016.
Expand
Expanding
Close

Tesla Model S deliveries are up 35% in Germany – record deliveries in March [Chart]

Tesla Germany Hamburg best-selling

Tesla germany hamburg

After a slow start in Germany for the past 3 years, Tesla is starting to make progress in this difficult market dominated by local manufacturers. Last year, Model S sales increased by 94% according to registration data, and although it still lags behind comparatively smaller countries like the Netherlands and Switzerland, things are looking up for Tesla in Germany.
Expand
Expanding
Close

Tesla Model S deliveries were up 43% in Sweden during the last quarter [chart]

Tesla Model S promo shot

Tesla has a presence in Sweden since late 2013, but sales in the country have been lagging until mid-2015. Based on registration data, Tesla delivered only 268 Model S’s in Sweden in 2014, but last year the automaker delivered 996 cars, which represents a 271% increase.

This increase made Sweden an important market for Tesla in Europe, where it now holds the 6th position in term of volume – ahead of countries like France and the UK – despite Sweden’s size.

Expand
Expanding
Close

Tesla Model S deliveries are down 54% in Norway during Q1 2016 [Chart]

Tesla Model S snow

Norway is a very important market for Tesla. It’s the automaker’s biggest in Europe and about 8% of its total worldwide deliveries last year. In 2015, Tesla had flat deliveries in the country after delivering the exact same number, 4,039 Model S units, two years in a row, based on registration data.

It is still impressive for a relatively small country – though with a lot of EV incentives – but Tesla is definitely not growing in Norway anymore, or at least for the time being.
Expand
Expanding
Close

Report: Tesla hopes to deliver 5,000 cars in mainland China in 2016

Tesla China

According to a new report from Nikkei, Tesla anticipates very little growth in mainland China in 2016. The news agency reports that during his current trip in Hong Kong, Tesla CEO Elon Musk revealed that the company aims to deliver 5,000 cars this year after falling short on its 2015 delivery goal of 10,000 units in China.
Expand
Expanding
Close

Tesla Model S is the best-selling electric car in Switzerland – sales are up 213% year-over-year

tesla_model_s_snow

Switzerland continues to be an impressive market for Tesla where the company delivers just as many cars as in Germany, even though it’s a much smaller market than its neighboring country. According to registration data, Tesla delivered 1,556 Model S’s in Switzerland last year and 193 units in December alone.
Expand
Expanding
Close

Tesla’s sales were flat in Norway in 2015, but December looks encouraging

Nissan_Leaf_and_Tesla_Model_S_in_Norway_cropped

Tesla had an incredible year for sales and deliveries in 2015. The California-based automaker delivered 50,580 vehicles last year, which represents a 60% increase over the previous year. It’s hard to find any weaknesses with such an incredible sales performance. Yet the company increased its deliveries in almost all markets but Norway, where according to registration data, Tesla delivered the exact same number of Model S’s in 2014 and 2015: 4,039 units.
Expand
Expanding
Close

Tesla is poised to achieve its ambitious 2015 delivery goal based on early data

tesla_model_s_snow

As the end of the year, and consequently the end of the fourth quarter, is getting closer, investors and analysts are debating whether or not Tesla can achieve its ambitious delivery goal of 17,000 to 19,000 cars in the last 3 months of the year for a total of 50,000 to 52,000 in 2015.

Achieving the lower-end of the guidance would mean a 46% quarter to quarter increase and a 73% increase over the same period last year. We’ve already reported on registration data for October and November for Tesla’s most important European markets, but now with more data coming from California and Denmark, as well as new information about the Model X and demonstration vehicles, it looks like Tesla is poised to achieve at least the lower-end of its guidance.
Expand
Expanding
Close

A look at Tesla Model S deliveries in Europe – November 2015

Tesla Model S promo shot

Tesla needs to deliver a record-breaking ~17,000 units in the last quarter of the year to achieve the low-end of its 2015 delivery guidance of  50,000-55,000 vehicles. Since the company now sells more cars in Europe than in North America or Asia, Model S deliveries in European markets are more important than ever.

Here’s our November 2015 look at Model S deliveries based on registration data in Tesla’s most important European markets:
Expand
Expanding
Close

Hyundai to unveil a new car with 3 electric powertrain options in January 2016

IONIQ imageHyundai announced today that it will unveil a new car with 3 electric powertrain options called IONIQ. The vehicle will be available in all-electric (BEV), plug-in hybrid (PHEV) and conventional hybrid without a plug (HEV).

The launch is set for January 2016 in Korea, followed by Geneva and New York auto shows.
Expand
Expanding
Close

Nissan LEAF sales down 60% in the U.S. in November – 1,054 units

2014 Nissan LEAFôToday Nissan released its November US sales report, which reaffirmed decreasing LEAF sales, now down 60% over November 2014. The company delivered 1,054 LEAFs in the US in November versus 2,687 during the same period last year and 1,238 last month.

November brings the year-to-date total to 15,922 units, down from 27,098 during the same period in 2014.
Expand
Expanding
Close

Credit Suisse reiterates $325 price target on TSLA, sees focus going back to long-term story

tesla_storeIn a new note issued this morning, Credit Suisse analyst Dan Galves reiterated an ‘outperform’ rating and $325 price target on Tesla Motors (NASDAQ: TSLA) . The analyst considers the fourth quarter guidance to be “achievable” and he sees a “reasonable path” to $4 EPS in 2016 – compared to the ~$2.30 annualized loss per share in the last quarter.
Expand
Expanding
Close

Tesla is planning an end-of-the-year push in China, will offer up to $12,500 US in discount on the Model S

Tesla ChinaTesla rarely, if ever offer discounts at the purchase of its products, but with its ambitious goal to deliver between 17,000 and 19,000 vehicles globally in the last 3 months of the year, it seems the company resorted to offering a significant discount to new Chinese customers.

The company announced through a blog post on its Chinese website that from November 15 to December 31, it will offer up to 80,000 Yuan ($12,500 US) in discount at the purchase of a Model S under its “fuel vehicle replacement” program.
Expand
Expanding
Close