The auto making giant has emerged to be a little uncertain talking about making successful deliveries of its SUVs shaking up confidence of the investors.
Tesla Motors has given out huge numbers for the delivery of its electric cars on a number of platforms which has made analysts in the market rather confused about what to actually expect from the giant. The auto making giant is expected to be selling the model S version of its cars in a huge number for sure, but the analysts have raised questions as to how many of the new SUV will the giant manage to sell by the time its reporting time for the fourth quarter.
The analysts in the market who have been analyzing the way things have been going on within the auto making company are of the opinion that the fact that even Elon Musk, the CEO of the firm, failed to give out a clear guidance for the sales of the Model X car for the fourth fiscal quarter did not make things any better for the investors. The fourth quarter of the year initiated right after the major launch event was held and things might also turn out to be a little shaky as to where the sales of the new car is concerned.
Following a press conference in which Musk was questioned about what he thought could make him reach out to the over the top bullish sales figures he has expressed to achieve over the past few months, analysts thought that even he looked uncertain about a lot of things. The hybrid car makers have also suggested that the fact that there are expected to have some ups and downs even in the production is what is making the CEO so uncertain in the first place, and if that works out for him then the auto company could actually end up attaining the sales numbers it believes it could obtain in the next five years.
Musk also suggested that most of the time the reason any company fails to achieve its sales target is generally because of the way its supplier lags behind in supply the car or other products in time, which is the only delay that can be expected from the electric vehicle producers in the long run as well.
Analysts, on the other hand, believe that the fact that the firm has shown uncertainty regarding its quarterly deliveries shows that the firm could actually end up not achieving its exponential targets that it had previously set to make sure there are a massive number of EVs on the road before the end of 2020.
The auto making giant is working right on schedule and is all set to release its new Model X on Tuesday, September 29.
Tesla Motors is all set to make the much awaited big release of its Model X car, which is to take place on Tuesday, September 29. The auto making giant first announced the car’s idea three years back in 2012 and as per the repeatedly changing schedule and launch date, the firm has finally come around to make the big release. The delays made during the car release have taken place in the past due to many problems that were faced by the giant. The price tag with which the new model will be available is going to be around $40,000, which is also being taken as a step by the giant to enter the auto market for the masses.
Tesla cars have previously been entirely set for the elite class of the society, as the price tag the electric vehicles carry is a little too difficult for the middle class man to afford. The company is comfortably known to be setting its standard way too high, first making itself entirely for the high end customers and now is working towards hitting the masses as well. This is going to be carried out by the giant through an electric car, which will be made in to an affordable car for the customers. Analysts believe that this is just an attempt by the company to make sure more and more EVs reach the road in near future, so that the firm can reach its target of scoring the highest number of electric hybrid cars on the roads by 2020.
Given the different issues Tesla has so far faced regarding the launch of the new Model X, now the expected delivery of the smart cars will be done next year by the month of February. The auto company has decided to deliver out the first cars of the models to limited customers who have signed deals with their signature reservations. These deliveries will be made right before the third financial quarter of the year ends. Another thing to be noted down is that all the customers with the signature deal were given the liberty to choose from different colors and also decide on the kind of interior that they would want to get for their new electric car. Furthermore, it will be seen that apart from the Model S project that the firm is carrying out, the price of the Model X cars will be higher than even Model S sedans, which is entirely due to the high end design and structure that the company is going to offer to its customers.
