Tesla sold 22,300 Model S globally in 2013, shares surged by 16 percent

Article by Anita Panait, on January 16, 2014

Tesla Motors Inc. delivered around 22,300 Model S electric cars around the world in 2013. The US carmaker also disclosed that "nearly all" of the Model S cars covered by a recently announced recall already have received a wireless software update to prevent their chargers from overheating. A recent notice by the National Highway Traffic Safety Administration said that 29,222 cars in the US are affected by the issue that may result burn injuries or fires.

"While NHTSA may call this a recall, we call this modern technology," Jerome Guillen, Tesla's vice president of worldwide sales and service, remarked. He added that they can make “every car better over time” without having to bring the car in." Tesla chief executive Elon Musk echoed Guillen's remarked on his Twitter page. "No Tesla vehicles are being physically recalled by Tesla," Musk wrote. He later quipped that the word 'recall' needs to be recalled.

According to Tesla, it delivered almost 6,900 Model S cars in the fourth quarter of 2013 – around 20 percent more than it projections and 25 percent more than in the third quarter.

In a statement, Tesla said it expects its revenue in the fourth quarter of 2013 to top the previous forecast by 20 percent. "A higher than expected number of cars was manufactured as a result of an excellent effort by the Tesla production team and key suppliers, particularly Panasonic," the statement said.

Tesla did not disclose how many vehicles were sold in the US. Chevrolet sold 23,094 units of the Volt in the US in 2013, while Nissan delivered 22,610 Leafs in the country. According to Guillen, Tesla expects to double its global sales and service in the year ahead.

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