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Tesla to more than double capacity... 56,000 cars annually!

Discussion in 'Model S' started by ccbldg, Dec 18, 2013.

  1. ccbldg

    ccbldg Member

    Jun 20, 2013
    GO T!

    "Tesla Motors Inc (TSLA) will be able to produce more than 55,000 vehicles each year after the installation of new equipment at its California factory."

    "Tesla will create approximately 112 new permanent jobs."

    "Tesla Motors Inc (NASDAQ:TSLA) will be able to boost production of its Model S vehicles thanks to a nice tax break from the State of California. That tax break is worth $34.7 million and will be used to purchase new manufacturing equipment, which is worth as $415 million."

    "These extra taxes are expected to make up for the break the state is giving Tesla. Officials are predicting that California will see a net benefit of $24.4 million from the exemption."
  2. Mayhemm

    Mayhemm Model S P85+ "Lola"

    Nov 9, 2012
    Saskatchewan, Canada
    Interesting...if Tesla can produce twice as many vehicles, maybe the purchase price will go down for a change. :tongue:

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