Live Twitter-coverage of the Tesla Motors Q4 earnings call on Wednesday, Feb. 11. Tesla Motors.
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Tesla Motors – Fourth Quarter & Full Year 2014 Shareholder Letter
Model X, Model X, Model X
One of the biggest items to look out for during the earnings call is whether the highly-anticipated Model X will be on track for delivery towards Q3 of this year. Or will it be pushed back yet again following a succession of delays rumored to be related to the complex design of the falcon wing doors. With the recent spy shots of the Tesla Model X seen testing across a California naval air station, there’s hope that the electric crossover SUV will enter the production line within the next several months.
Following Musk’s announcement that China Model S sales have been softer than expected, combined with delays of the Model X, shareholders will be looking to see whether Model S production will meet the forecasted 50k deliveries in 2015.
Pictures of the Gigafactory reveal that development on the $5 Billion battery factory is well underway. This validates Tesla’s announcement from its Q3 letter that Gigafactory construction was ahead of schedule. “Starting operations earlier will reduce ramp-up risks for Model 3 and provide some potential expansion capacity for Model S and Model X,” Tesla said in the letter.
Source: The Motley Fool
When the quarterly letter is released, and during the earnings call following the release of the letter, we will be auto tweeting Daniel Sparks’ live coverage of the event.
Daniel Sparks is a senior technology specialist at The Motley Fool, where he writes about various stocks — mainly, Tesla Motors. As a Model S owner, Tesla shareholder, and a financial journalist, he follows Tesla closely. Follow him on Twitter (@danielsparks) to keep up with his latest work and the sources that inspire him.