Tesla’s Musk Sidesteps 2012 Model S Goal, Sees 20,000 in 2013 - Businessweek
20% is a new low for the margin and completely bailed on the 5k for 2012.
20% is a new low for the margin and completely bailed on the 5k for 2012.
Tesla, which began building the luxury cars in June in Fremont, California, will deliver 20,000 of the sedans next year and achieve a gross margin of more than 20 percent, Musk said today in a Bloomberg Television interview on “In the Loop with Betty Liu.”
The company in July said it was confident of delivering 5,000 Model S cars this year. Musk wouldn’t comment on that goal today, saying that “I need to be very hesitant about talking about any near-term metrics for Tesla.”