Tesla<\/a> Motors has announced a loss of $154.2 million in the first quarter of 2015.<\/p>\nIn the first three months of the year, Tesla managed to build 11,160 examples of the all-electric Model S sedan while simultaneously delivering 10,045 of them. By the time 2015 comes to a close, the Californian-based electric automaker expects to have delivered around 55,000 cars, a 74 per cent increase over 2014\u2019s delivery figures. The increase in production and sales this year will largely be attributed to the launch of the Tesla Model X set to hit the market in the coming months.<\/p>\n
Elsewhere, Tesla has confirmed that the average selling price of the Model S units delivered has been increased following the introduction of the high-spec Model S P85D and 85D variants. <\/p>\n
Amongst all of these figures, Tesla also revealed that for the first quarter of 2015, it has also posted revenue totalling $1.1 billion. As part of the earnings call, Tesla chief executive and co-founder Elon Musk also announced his hopes for the entry-level Model 3 to be launched in March next year before production kicks off in late 2017. <\/p>\n
All of these announcements come less than a week after Tesla Energy was launched aiming to provide efficient battery power for households and businesses. <\/p>\n","protected":false},"excerpt":{"rendered":"
At the quarterly earnings call with its investors, Tesla Motors has announced a loss of $154.2 million in the first quarter of 2015. In the first three months of the year, Tesla managed to build 11,160 examples of the all-electric Model S sedan while simultaneously delivering 10,045 of them. By the time 2015 comes to […]<\/p>\n","protected":false},"author":190,"featured_media":118714,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[10,883,1554],"_links":{"self":[{"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/posts\/122535"}],"collection":[{"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/users\/190"}],"replies":[{"embeddable":true,"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/comments?post=122535"}],"version-history":[{"count":0,"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/posts\/122535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/media\/118714"}],"wp:attachment":[{"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/media?parent=122535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/categories?post=122535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtspirit.com\/wp-json\/wp\/v2\/tags?post=122535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}