To quench its investors’ thirst for blood after it announced a first-quarter net loss of $89.9 million, Tesla Motors has announced that the Model S electric sedan will begin its delivery schedule next month. This comes move seems like a brash decision taken by the company bosses to secure a bit of profit, as the original schedule was for the EV sedan to arrive later in the year.
“Once we complete and document the tests, we will be able to sell our vehicles in the United States,” Chief Executive Elon Musk said in a letter to shareholders, according to MSNBC.
But deliveries will only start after the US regulators deem the Model S sedan is safe to put on the road, following a series of crash tests. Of course, we’re more concerned with the safety of the battery pack!
Despite the somewhat boring looks of the car, Tesla says they already have 10,000 orders for the Model S.
But deliveries will only start after the US regulators deem the Model S sedan is safe to put on the road, following a series of crash tests. Of course, we’re more concerned with the safety of the battery pack!
Despite the somewhat boring looks of the car, Tesla says they already have 10,000 orders for the Model S.