26 Jul '12, 9pm

Despite Q2 Loss, Tesla Forecast Optimistic

Despite Q2 Loss, Tesla Forecast Optimistic

Yet despite the better than expected performance and Tesla stating that it is still on track to produce 5,000 Model S orders by the end of the year, with 1,000 cars expected to be delivered during the third quarter; some analysts are concerned actual output will fall short. Theodore O’Neil at Wunderlich Securities even went officially on record, saying that he expects Tesla to deliver only around 500 Model S sedans for Q3.

Full article: http://www.hybridcars.com/news/despite-q2-loss-tesla-fore...

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