Longer term, Tesla Motors Inc (NASDAQ:TSLA) envisions selling around 500K units through a combination of the Gen 3 sedan (around 200K units), Gen 3 SUV (about 150K units), Model S/X (roughly 90K units) and the next Gen Roadster. From a timing standpoint, the company intends to start deliveries of the Model X in 2015 and hopes to start the Gen 3 production by 2017.
The main goal of the production team currently is to get production levels of 20K on a single shift across most processes (currently body assembly and finished assembly are still running on a 2 shift basis) and then ramp up to 40K units in 2 shifts.
Tesla Motors Inc (NASDAQ:TSLA) envisions that the cost per KWhr will decline to less than $100 over the next 10 years which is a roughly 75% reduction from the current levels.
TSLA has $17.1mn in revenues from GHG credits in Q1 and expects them to continue to remain a source of revenues in the long term.
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