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Tesla Stock Lifts As Europe Sales Eyed At Auto Show

News out of the Geneva Motor Show and a press conference in Norway this week heralds Tesla Motors turning its attention to selling the electric Model S sedan, and later the Model X crossover, in Europe.

“We’re confirmed for European deliveries in July,” Tesla (TSLA) CEO Elon Musk told reporters at the show, speaking of the Model S. “We’ll start actually manufacturing the cars in June. Then they’ve got to go on a boat and get over here, so it’s going to be July when they arrive.”

He says the waiting time for U.S. cars will be stretched so that Tesla could “try to make up” for being “a bit late” on European deliveries.

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