Running a Shop News Sales+Marketing Technology Apps+Software

Tesla to Double Sales, Service Locations in 2014

Order Reprints

Jan. 16, 2014—Tesla Motors announced on Tuesday that it delivered 20 percent more vehicles than expected in the fourth quarter of 2013, and plans to double its sales and service locations in 2014.

The electric vehicle maker said during Detroit’s North American International Auto Show that 6,900 Model S cars were delivered during the final quarter, which was above its estimate of less than 6,000.

Because of the increased sales, the company expects revenue to increase by 20 percent over what was initially estimated.

And increased vehicle production means increased demand for the company’s service centers, which are already popping up across the country

It wasn’t all good news on Tuesday, however, with the National Highway Traffic Safety Administration (NHTSA) issuing an official recall notice related to a software update and new wall adapter for the Model S.

Tesla notified customers just last week that it would mail out new home chargers to resolve the fire concerns with the new update.

According to NHTSA, the recall potentially impacts 29,222 Tesla vehicles.

Related Articles

CARS 2014 Expected to Double in Size

Hybrid, Plug-In Vehicle Sales to Double by 2020

You must login or register in order to post a comment.