Tag: Q3

Tesla Motors, Inc. (NASDAQ: TSLA) states that its third financial quarter results will be announced on 5th November 2013 for the period ended 30 September 2013, the announcement will be made after trading close on that day. The auto maker firm will hold a live webcast of question & answer at 2:30pm Pacific Standard Time in order to discuss its business and financial results as well as outlook.
The firm is primary player in auto industry with its top quality products; in this regard California Air Resources Board affirmed that Palo Alto, California auto maker latest car Model S was on crown the recently rating of zero-emission car credits.
The US electric-car maker transported 1,311.52 zero-emission electric-car credit starting from 1st October 2012, through September 30 2013, 32 times increase the figure of Suzuki Motor Corp. (7269), which is the next largest seller, the report say. Toyota transferred 507.5 AT zero-emission electric-car credits, those produced by its Prius hybrid, and General Motors Company (NYSE:GM) attained the same number.
Sacramento-based agency, spokesman Dave Clegern, specific trades and prices among firms aren’t following by California. All auto manufacture wrap by the plan are in acquiescence and that to us is the goal, he added.
California, along with authority is working to set pollution regulations that are tougher than U.S. norm, oblige auto manufactures to trade polluting free vehicles or electric vehicles, according to proportion to their market share in the state. The state’s estimated till 2025 to bring 1.5 million zero-emission vehicles on the road.
California has listed firms listed to takeover zero-emission car credits from 1st October 2012, to 30  September include Chrysler Group LLC, Honda Motor Co, GM, Jaguar Land Rover, Subaru from Fuji Heavy Industries Ltd. (7270) and Volkswagen AG. But the report didn’t classify the dealer of credits to every of those car manufactures.
The US auto maker’ spokeswoman Elizabeth Jarvis-Shean, has declined to remark on the ARB’s report.
The company in 2013 plans to sell 21,000 Model S sedans internationally, the auto maker Model S, priced from $70,000 to over $100,000, produces as many as 7 zero-emission electric-car credits, the highest release by California. Tesla Motors, Inc. (NASDAQ: TSLA) shares plunged -1.67% to $4.11 in last trading session.