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Tesla shipments top analysts' estimates after Musk urges sales push
Add BT as a preferred sourcePublished Mon, Oct 3, 2016 · 09:50 PM
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TESLA Motors Inc delivered 24,500 vehicles in the third quarter, topping analysts' estimates, after chief executive officer Elon Musk implored employees to boost sales during the period ahead of a plan to raise more capital.
The maker of electric cars and energy storage devices shipped about 15,800 Model S sedans and 8,700 Model X sport-utility vehicles, Palo Alto, California-based Tesla said in a statement on Sunday. The quarter was Tesla's last chance to show that it can be profitable before it raises money to ramp up production of the new Model 3.
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