Comments on: Electric Vehicle Sales June 2013

By: Zachary Shahan

Zachary Shahan — Sun, 07 Jul 2013 08:12:00 +0000

Excellent, thank you.

By: Parienve8137

Parienve8137 — Sat, 06 Jul 2013 04:47:00 +0000

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I was under the impression it was on track for a little over 20K for the
year. And as they ramped up into Europe and China in the second half of
this year I’m hoping they somehow produce closer to 30K.

By: Bob_Wallace

Bob_Wallace — Fri, 05 Jul 2013 18:56:00 +0000

Q1, 2013 Shareholder letter…

http://files.shareholder.com/downloads/ABEA-4CW8X0/2408099635x0x661989/ee71d11b-3563-489c-9471-9319fd963626/Q1%2013%20Shareholder%20Letter.pdf

“During Q1, we consistently produced 400 or more Model S vehicles per week, for a total of over 5,000 during the quarter.

We recognized 4,900 vehicles as revenue, exceeding our initial Q1 guidance of 4,500, despite physically
delivering a higher number of vehicles, as the standard for revenue recognition was extremely high.

Even if a car was received, fully paid for and signed off as good by a customer, we did not recognize the revenue if the paperwork was incorrect.”

By: Zachary Shahan

Zachary Shahan — Fri, 05 Jul 2013 18:45:00 +0000

got a link for that?

By: Ivor O'Connor

Ivor O'Connor — Fri, 05 Jul 2013 16:41:00 +0000

Thanks Bob.
I was under the impression it was on track for a little over 20K for the year. And as they ramped up into Europe and China in the second half of this year I’m hoping they somehow produce closer to 30K.

By: Bob_Wallace

Bob_Wallace — Fri, 05 Jul 2013 16:36:00 +0000

Tesla seems to be releasing quarterly, not monthly, sales figures.

4,900 units for first quarter 2013.

By: Ivor O'Connor

Ivor O'Connor — Fri, 05 Jul 2013 16:03:00 +0000

Only reason I opened this was to see Tesla numbers. Hope things are going well for them but hiding their data makes me wonder. Hope they are not going down the apple hole.

By: Zachary Shahan

Zachary Shahan — Fri, 05 Jul 2013 11:31:00 +0000

hmm, didn’t realize those were hybrids…

By: Zachary Shahan

Zachary Shahan — Fri, 05 Jul 2013 11:31:00 +0000

with Tesla? i’m not sure. read about it awhile back, but forget now. for some reason, though, it’s not required to report sales numbers…

By: Others

Others — Fri, 05 Jul 2013 00:46:00 +0000

Correction.

GM’s other hybrids are 2,497 (Malibu -1651, Lacrosse – 619, Regal – 227).

All 3 are Mild Hybrids where the motor supplements engine.

By: Shiggity

Shiggity — Thu, 04 Jul 2013 23:51:00 +0000

What’s the official law about sales numbers?