Tesla Model S Hits Europe As North American Sales Power Up Photo:
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TMR Team | Aug, 09 2013 | 0 Comments

Tesla's Model S electric sedan has come one step closer to an Australian debut, with the first European deliveries rolling out this week.

The carmaker is expected to follow the local introduction of its Roadster with a wider Model S launch in 2014, although final details are still to be revealed.

The American company's fortunes continue to grow in its home market however, with its net income for the second quarter of 2013 growing to $26 million, compared to $15 million in the first quarter.

Shares of the company grew 14 percent to US$153.48 at close in New York, bringing its market value to more than $18 billion.

Total sales numbers for the new Model S - currently the brand's only available model - have not been revealed, but Tesla says it delivered 5150 sedans in the second quarter. It had forecast 4500 deliveries for the period.

The niche carmaker says there are now more than 13,000 Model S sedans on North American roads.

As for Europe, the first Model S delivery in the new market occurred in Norway, where the company expects to sell around 800 cars before the end of 2013.

Tesla says it plans to launch into Asian markets over the next year, including Australia, and it expects to take around 40,000 orders within the next 18 months.

The company also expects to launch its new Model X SUV toward the end of 2014, and an entry-level model has also been confirmed.

In the meantime, Tesla is also believed to be planning an all-wheel-drive version of its Model S sedan, likely utilising the same configuration used in the Model X.

That system sees an electric motor positioned at the front and rear axles - rather than the rear axle only - and in the Model S, such a setup could reduce the 0-100km/h sprint to less than four seconds.

That depends, of course, on Tesla's intentions: supercar performance, all-weather safety, or a little of both.

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