Reuters - Video

Edition: U.S. | U.K. | IN | CN | JP

Finance Videos

Detroit Car Show 2014: Tesla touts sales, addresses recall

Tuesday, January 14, 2014 - 01:52

Jan 14 - Electric car maker Tesla Motors announced at the Detroit Auto Show that deliveries of its Model S sedan in the fourth quarter blew past what the company had forecast.

▲ Hide Transcript

View Transcript

Nothing product announcements contests let the North American International Auto Show in Detroit bought us some market moving news just saying I'm with Reuters deep -- the comment. Deep but you know we know people are hot on the -- cars but I guess they are selling -- faster than we realize. Absolutely deliveries in the fourth quarter up 20% more than expected and that really had investors cheering us up went out and it just shows that people really like Bob kuwaitis -- Islam and -- What's interesting is -- in the midst of this good news. There's recalled issues at -- some big ones you might argue today they recalled 29000 cars -- -- or issue. That happen let my hands and eat and then stock -- up. It tests at today's and that it was a dramatic to -- -- small that's something that can be done very likely it. That it was a proof of the company's integrity every week. Although coming after the model S. Fires and that particular. Incident which really is the salt formally. Absolutely not so there's still some issues that investors worry about -- and buyers worried about an -- something intestinal cancer. This apparently is one of the stuff pops at the moment you -- test with a high flyer. But you've covered the auto industry for awhile. Just test must have staying power are still issues. Even on the batteries and and how well that's going to be accepted broccoli and absolutely there is at that time. Whether -- evil issue. We'll leave. It's editions have these cheap low cost car that's expected in the next three years and he's someone thirty -- thirty. It's not going to be the real test. He's an alliance defense either -- -- thanks so much -- -- here. I've got to shop there this is writers.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Detroit Car Show 2014: Tesla touts sales, addresses recall

Tuesday, January 14, 2014 - 01:52