Tesla, Inc. Could Deliver 125,000 Total Cars This Year

Tesla, Inc. Could Deliver 125,000 Total Cars This Year

Electric-car maker Tesla (NASDAQ: TSLA) reported second-quarter earnings on Wednesday (fellow Fool Daniel Sparks has the full details here).

Investors are mostly pleased with the results. The Model 3 has now launched on time -- the first punctual product launch for the young company -- and the top priority right now is ramping production to meet demand. After more than a year of declining to update the Model 3 reservation tally, CEO Elon Musk finally provided investors with an official figure: There are currently about 455,000 Model 3 reservations.

Image source: Tesla.

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Source: Fool.com