Around 1,700 Tesla Model S' Being Sold Each Month

Tesla Motors has just announced its official sales figures for the second quarter of this year pulling in an impressive 5,150 sales of the Tesla Model S electric sedan. That equates to around 1,700 Tesla Model S’ a month which puts it right in line with the Nissan Leaf and Chevrolet Volt despite its dramatically higher price tag.

Tesla Motors also announced that net income was up by an impressive 70% up to $26 million which equates to a gross margin of 22%. The American electric automaker hopes to see that figure increase to 25% by the fourth quarter of 2013. If Elon Musk’s ambitious plans for the Tesla Model S prove effective, then by the end of 2014, annual sales could exceed 40,000 after Tesla begins to enter Europe.

Additionally, the Tesla Model S is currently being prepared for the Japanese and Chinese markets in right-hand-drive with Musk confirming that development of a RHD Tesla Model S is occupying most of their resources. Furthermore, the Tesla Model S destined for China is set to undergo further changes which will see the fitment of a more comfortable rear seat because many Chinese owners will be driven around in their Tesla Model S’.

Once sales of the Tesla Model S begin worldwide, the long-awaited Tesla Model X SUV is set to hit the market late next year.

[Via Autoblog]

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