Tesla delivers positive sales numbers for third quarter

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As the California-based company begun its first deliveries of the second model in its line-up – the Model X crossover – the youngest publicly traded US automaker also announced positive results for third quarter deliveries. Tesla Motors recently announced it has sold around 49 percent more vehicles during the third quarter of the year than during the same period last year – 11,580 units. “This includes our first deliveries of Model X. Although we had one week of planned production shutdown,” commented the company in a release, with this being “the sixth consecutive quarter of growth.” While still bleeding money, the all-electric motor company aims to lift sales to a range of 50,000 to 55,000 Model S and Model X autos this year, the company forecast back in August, when it also lowered the threshold by up to 5,000 cars. After delivering a total of 11,532 units during the second quarter, another spectacular 52 percent jump from the second quarter of 2014, the total after the first nine months stands at more than 33,100 autos. Last week on Tuesday the company launched – after a delay of around two years – its first all-electric sport utility vehicles, the Model X, with a select group of clients taking delivery of the first batch of six cars. “It’s important to show that any type of car can go electric,” commented during the event CEO and co-founder Elon Musk. Analysts and experts are now wondering if the company will be able to ramp up the production fast enough to have the Model X deliver a key contribution to the numbers for the final quarter. Via Forbes