Tesla Reports Strong Sales Figures in China

The auto making company has reported great sales figures in China and expects to grow even further in the region

Tesla Motors released its sales report for the quarter that was wrapped up in the end of September and the sales that it has managed in the Asian region has surprised the analysts and investors to no end. The auto making giant was just observed to have make the big release of its Model X vehicle, which was entertained by the market with mixed emotions.

The smart car makers reported massive figures of selling around 1,345 vehicles back in the Chinese region in the third fiscal three month period of the year which showed a huge growth on a quarter over quarter level as it sold around 797 cars in the quarter before this one. In the second quarter, the hybrid car giant managed to sell around 883 in totality. According to a Chinese spokesperson of the auto making giant, it was noted that the total number of cars that were sold by the giant in just a time period of nine months came around a figure of 3,025 which turned out to be more than what was being expected by the giant. This is being taken as a huge accomplishment for the company as only a couple of months back, it was seen that the Chinese people did not take the revelations of the foreign company well in their region and they clearly were not ready for the kind of technology that was being proposed by the auto makers in the first place.

However, this seems to have changed on a massive scale keeping in mind the excessive amount of sales of the Tesla vehicles that have now been sold in China. The success of the luxury cars being sold in the country was properly disclosed to the public in a press conference which was held in Beijing a week ago, when CEO Elon Musk went to the city for an official trip.

In the same press release, Musk spoke to the media and talked about how the giant is capable enough to reaching the same targets in China, that have been reached in the United States. This might not be possible in little time and might actually be observed in the next four to six years. By the next year’s first financial quarter, the electric car makers have made plans to initiate sales of its Model X cars. The sales,  however, will be dependent on the kind of response the vehicle gets from the Chinese public and it will be determined by their interest and adaptation to the new technology offered in the new model.