Tesla Is About To Open Order Books For The Model X

Tesla Is About To Open Order Books For The Model X

After the smallest sequential sales improvement in the third quarter - 11,603 (up 71 compared to 11,532 in Q2), Tesla hopes to set a significant new record in the fourth quarter.

Tesla's expectations are to deliver between 17,000 to 19,000 cars (Model S & Model X). We assumed (the middle ground) around ~18,000 to illustrate how much more it's compared to previous results.

Tesla needs to sell that many cars to achieve its overall goal of 50,000 to 52,000 sales in 2015. Specifically, 16,820 sales in Q4 are required to get to base 50,000 figure.

Given recent changes and a upsurge in Asia, we imagine a good bulk of this surge will come from that region, with possibly another, up to 1,000 Model X units in North America if the production ramp goes smoothly in December.

Production will grow up to 15,000-17,000, but that would be not enough, so as you can see below Tesla intends to deliver more cars produced in previous quarters.  (During Q3 Tesla stated they built 13,091 Model S and X EVs vs 11,603 deliveries)

Tesla Motors Car Deliveries

Tesla Motors Car Deliveries