Tesla Motors 4th Quarter 2013 Results

by Brian Crumley in , ,


Tesla Motors released their 4Q results last week. Total revenues doubled from $306 mil in 4Q 2012 to $615 Mil in the 4Q 2013.

Tesla Motor Revenue 4Q 2013.jpg

Out of those revenues about half were from the U.S. and the other half were from Europe. Asia had about $143,000 compared to the $300 million from the U.S. and Europe.

Tesla revenue by region 4Q 2013.jpg

Tesla's main source of revenue comes from the sales of their Model S sedan. They delivered 6,892 this quarter compared to 2,400 from the previous years quarter and 5,500 from the 3Q 2013.

Tesla Model S Shipped 4Q 2013.jpg

Also announced was the Gigafactory Tesla plans to build to produce lithium battery packs for their vehicles in order to get the cost down for their $35,000 third generation vehicle and meet demand for the continued growth of the Model S and the introduction next year of the Model X. The factory will be one of the largest factories in the world and will double the current output of world lithium ion battery supplies.

 


Over 1,000 exoplanets confirmed.

by Brian Crumley in , ,


1,000, we now have confirmation on over 1,000 planets outside our solar system. While this number is truly insignificant, it is amazing that we now know of over 1,000 worlds outside our solar system. Each one as unique as each of the planets orbiting our sun and we’ve only just begun to discover whats out there. Caltech released a study at the beginning of 2013 stating that there is at least 100 billion planets in the galaxy. So we have a long way to go before  we get anywhere close to finishing this catalog.

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