Tesla has had a rough couple of months. Shares hit an all-time high of $194.50 in late September, then concerns about the fires on the Model S crept up. Following that, third-quarter earnings were great, but concerns about selling more Model S units in the fourth-quarter hit the stock.
Tesla Motors has opened its first retail design store in the UK at London’s Westfield Shopping Centre in White City and also announced pricing for the Model S, which starts from £49,900 after £5000 deduction from the UK Plug-in grant.
Last week, after almost a year of unbeatable reviews and a rising stock price, Tesla Motors hit the skids.
A Tesla Model S electric car caught fire this week after hitting road debris on a Tennessee freeway, the third fire in a Model S in the past five weeks.
Tesla is aiming to sell around 10,000 cars a year in Germany by 2015 as it builds out its networks of charging stations, CEO Elon Musk told a German paper.”I have confidence in the German consumer,” Musk was quoted as saying in an interview with Welt am Sonntag.
