Tesla affirming 80-90K deliveries this year; advancing 500K unit build plan by 2 years to 2018; capex to be up 50% this year

Green Car Congress
By mmillikinMay 5, 2016, 3:01 am133 ptsTrending
In its Q1 2016 letter to shareholders, Tesla affirmed its plan to deliver 80,000 to 90,000 vehicles in 2016. Given the tsunami of reservations for the Model 3 (more than 325,000 according to the letter), Tesla also said it is advancing its 500,000 total unit build plan (combined for Model S, Model X, and Model…

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