TELETRADER News
1/15, 1:05 PM (Source: TeleTrader)
more TeleTrader news

Tesla-3.02%

1,081.93
Chart for: Tesla

Tesla aims to sell all Model S, Model X inventory in Jan. - report

Tesla, Inc. intends to sell all Model S and Model X inventory across all markets globally by the end of January, Electrek reported on Friday citing the electric carmaker's letter to employees.

According to sources, the company plans to unveil a design refresh of its electric sedan and SUV vehicles and, therefore, intends to offload stockpiles before it launches redesigned Model X and Model S.

The sales target for the two models could be within reach by the end of the month as the California-based firm faced a production shutdown amid a growing number of coronavirus infections, reducing Model X and Model S inventory, sources said.

Breaking the News / GA