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Heads up Tesla Motors (TSLA +0.3%): General Motors (GM -0.6%) unveils the Cadillac ELR at the...
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Tuesday, January 15, 10:08 AM ETHeads up Tesla Motors (TSLA +0.3%): General Motors (GM -0.6%) unveils the Cadillac ELR at the Detroit Auto Show with reviews on the model's aerodynamic design and 207-horsepower engine coming in positive. Though based on the Volt engine, the ELR engine delivers more torque. Production starts in 2013 and the automaker should deliver to dealers sometime in early 2014. (Previous: Big plans for the Cadillac brand)
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"By most estimates, Tesla had sold around 700-800 Model S sedans going into December, and Tesla reconfirmed as late as mid-November that it would still deliver at least 2,700-3,225 by year’s end."
"However, by the start of December, it seemed fairly obviously that Tesla would not be able to achieve sales of 2,000-odd units for the month. To improve results, Tesla then sent out emails early in the month to almost all reservation holders expecting delivery of their Model S in January (and some February) to “move up” their paperwork to log sales into December, regardless if the car did not actually get delivered in the month."
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