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Electric car maker Tesla exceed revenue growth guidance

US based electric car maker Tesla has reported its sales in the fourth quarter of 2013 were the highest in company history by a significant margin. Tesla has sold almost 6,900 vehicles exceeded prior guidance by approximately 20%. It has praised its suppliers for supplying the components meeting demand spikes, particularly its battery vendor Panasonic. Model S is the star performer among Tesla’s cars. The Model S can travel 480 KMs in a single charge and in 20 minutes the car can be recharged to travel another 200+ KMs.

There were over-reporting news stories by media on fire-incidents in some of the Tesla electric cars, where no death or serious injury had happened. Inspite of the media created negative eye-ball catching news-threads, Tesla could do well in sales indicating its products are no less safer than fossil fuel cars. Tesla claims it remains the only manufacturer with a perfect safety record of zero deaths or serious, permanent injuries ever.


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