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Highlights from Tesla Motors' earnings call

Nov. 06, 2014 8:22 AM ETTesla, Inc. (TSLA) StockTSLABy: Clark Schultz, SA News Editor30 Comments
  • Tesla Motors (NASDAQ:TSLA) CEO Elon Musk was pressed harder on production numbers during the automaker's earnings call than during previous quarterly calls.
  • The exec says hitting the 50K Model S delivery mark in 2015 won't be "super hard" based on where the company is currently trending.
  • On Model X production: Musk is quite hesitant to throw out any hard numbers with production still at risk of delays, although he notes he's confident demand will end up very high. The slight delay in the X launch is due to Tesla's quest for high standards. "It's hard to engineer and it's hard to produce," says Musk.
  • On capital: "We don't see any near-term need to raise money," notes Musk.
  • Earnings call transcript
  • TSLA +2.80% premarket to $237.60.

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