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Tesla Motors Inc Expects Europe, Asia Sales To Beat North America

After recording sales in U.S., Tesla Motors Inc (NASDAQ:TSLA) now expect a remarkable run in European and Asian regions.

Tesla Motors Inc (NASDAQ:TSLA) plans to install 30 new service centers and stores in Europe, expecting a rise in sales in the region, and in Asia, as well. In a statement given at the Geneva auto show, the automaker said it expects the combined sales from Europe and Asia to be twice that of in North America in 2014.Tesla
Gigafactory to boost Tesla Motors Inc (TSLA) market share

Tesla Motors Inc (NASDAQ:TSLA), which plans to build the world’s largest lithium-ion battery factory, revealed intentions to introduce right-hand-drive versions of Model S, in the U.K. The company also plans to introduce leasing and financing programs for European customers.

According to Ed Kim, vice president of industry analysis for consultant AutoPacific Inc, “Growing international sales is a crucial part of the plan for the Tesla, but it won’t be easy.” However, the analyst notes that many of the potential customers in China and Europe may not be able to enjoy the same level of charging infrastructure as available to North American users.


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