Used 2018 Minibus Shuttle Is Ready For Long Haul
Photo Gallery Vehicle Pick of the Week: From tours to executive trips, this Freightliner can handle anything.
Vehicles
Tesla Motors Sees Profits, Rising Stocks
Posted on April 3, 2013
 |
PALO ALTO, Calif. — Tesla Motors, makers of the world’s first all-electric luxury sedan —the Tesla Model S — said March 31 it will turn a profit for the first quarter of 2013.
|
According to a report from GigaOM.com, Tesla sold a total of 4,750 Model S units in the 1Q, a 250-unit increase from the company’s estimate of 4,500.
This caused the automaker’s stock to hit $46.18 as of 8:20 a.m. PST on Monday, April 1, a 22% bump from its opening price.
As of April 3, 1:05 ET, Tesla's stock price is at $41.05.
Tesla CEO Elon Musk said in a statement: “There have been many car startups over the past several decades, but profitability is what makes a company real. Tesla is here to stay and keep fighting for the electric car revolution.”
Tesla Motors will not produce its small-battery pack option for the Model S due to lack of demand, according to the Silicon Valley Business Journal. Customers who ordered the 40kWh battery pack will receive the 60kWh battery pack instead.
Related: Tesla Model S Arrives In Southern California Limo Fleet
Related: SF Bay Area Operation Adds Tesla Model S To Fleet
Related: Tesla Model S Outsprints Dodge Viper SRT10
Silicon Valley Business Journal story here.
Source: GigaOM; Silicon Valley Business Journal
Related Topics: Electric Vehicles, premium luxury sedans, technology, Tesla, Tesla Model S
Comments ( 0 )
More Stories
Armored Cadillac Escalade Is Like A Tank
Safer Travels: The Executive Protection SUV has gun ports, electrified door handles, and a pepper spray system.
Mercedes Benz S-Class Will Leave You Gasping
Vehicle Review: The luxury sedan has quite a few classy and luxurious reasons that ensure it keeps its crown firmly on.
MKX Is Now The 2019 Lincoln Nautilus
The newly named CUV shares basic dimensions, but boasts new styling, base engine, and eight-speed automatic.
Lincoln Sees Big Sales Month For SUVs
Overall, the automaker sold 100,000 units, reaching 103,587 vehicles for 2018.
6 Things To Know About The Audi A8 L
Vehicle Review: The long wheelbase luxury sedan offers the utmost in comfort without drawing too much attention.
Used LGE Minibus Suitable For Weddings
Vehicle Pick of the Week: Will you say "I do" to this coach for your retail clients?
Ford Is Hiring More Workers To Make More SUVs
The automaker said it will spend $1 billion to overhaul two of its Chicago plants to build more of its most popular vehicles.
Official Says Keeping Illegal Limos Off Roads Is Impossible
A New York Department of Transportation official says a ban on stretches and the power to seize plates will help DOT enforcement.
Premium Bus Lines Emerge To Challenge Slow Airlines
Coaches can rightly position themselves as an efficient alternative to flying or driving yourself.
Prevost Grows With Luxury Bus Customers
FEB. LCT Cover: The bus manufacturer surpasses one-third of market share and has installed new upgrades since entering the industry in 2015.
Exhibitors Ready To Raise The Market Roof
FEB. LCT: Attendees are guaranteed to find all the latest vehicles, products, industry services, and related good deals all on one vibrant, pulsing show floor.
JET Limousines Selling Used Chevrolet Suburban
Vehicle Pick of the Week: The Arizona operation is selling a very practical, sturdy, and affordable 2015 MY SUV.
2019 Audi A8: A Tech-Packed Flagship
Vehicle Review: While the long-wheelbase sedan can't drive itself, it offers any other feature you can imagine in a modern car.
$110,000 Lincoln Continentals Sell Out In 48 hours
The hot seller was on display in January at the North American International Auto Show at Cobo Center in Detroit.
New York City Steers Limousines Into The Uber Pile-Up
After New York City’s War With Amazon, Uber Could Be Next
Small Operator Creates Shuttle Service Opportunity
Sell Your Luxury Vehicle
The world's No. 1 online marketplace and trader for professional chauffeured and chartered vehicles, including all types of motorcoaches, buses, vans, stretch limousines, sedans, SUVs, exotics, and classics. New and used vehicles are available from sellers across the nation.
Find Affiliate Partners
The best online networker to find quality affiliates worldwide and market your company.
Read About Your Region
What's Happening Near You?
Click on any state to see the latest industry news and events in that region.
Read Other Regional News
© Copyright 2019 Luxury Coach & Transportation. All Rights Reserved