Tesla (TSLA) Delivers 13th Founders Edition Model X
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Amid commencing deliveries of the vehicle in late September, Tesla Motors (Nasdaq: TSLA) appears to be making somewhat slow progress on its Model X goals for the quarter.
CEO Elon Musk re-tweeted the following, which was posted on Thanksgiving:
#13. Founders edition arrived yesterday. It's unbelievable. Sickest car on the planet. Cc @elonmusk pic.twitter.com/3HlHIVTs1y
— Chamath Palihapitiya (@chamath) November 26, 2015
Notably, even Tesla didn't really expect a large uptick in Model X deliveries quite yet. The following its from the company's most-recent quarterly report: "We expect that Model X will achieve steady state production capacity during Q1 as we do not foresee any significant production, design or supply chain constraints that will impact this plan. Looking ahead, we still remain highly confident of average production and deliveries of 1,600 to 1,800 vehicles per week for Model S and Model X combined during 2016."
Shares of Tesla are indicated for a higher open Friday.
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