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.

When claiming that the Model S is a good example when it comes to the evolution of auto engineering, Tesla is not wrong considering that this is the first sedan to be completely powered with electricity. Its various qualities have managed to change what the world has come to expect from a 21st century car. Aside from combining performance and efficiency, it has achieved the highest safety ratings possible.

This model also offers what may be the longest range ever for an electric vehicle. By providing software updates over-the-air, the Model S is continuously made better. Using the brand’s own architecture, it became possible to place the battery on the floor. This resulted in the Model S having a rather low center of gravity. While this does improve the performance and handling, more importantly it lowers the possibility of a rollover from happening.

In addition, since there is no engine, the crumple zone is larger especially when compared to other performance sedans on the market. For those not familiar, a crumple zone is responsible for absorbing any energy during a front end impact. Safety has always been a priority of Tesla and the Model S is truly one of the safest to drive on the road. Most of this is due to the fact that the rather distinct electric drivetrain is under the car.

As previously mentioned, this results in a low center of gravity and thus minimizes any risk of a rollover. Proof of this model’s safety record is that fact that it has achieved 5-star safety ratings from both the Euro NCAP and NHTSA. In testing conducted in the U.S., the Model S set the record for having the lowest likelihood of occupants experiencing injury.

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