Thursday, July 31, 2014

How Tesla Motors Inc plans to turn Canadians onto high-end electric cars



Financial Post - Top Stories http://ift.tt/1txQd4z

Tesla Motors Inc. has set itself the ambitious goal of selling 500,000 cars globally by the end of this decade. That would be a 14-fold increase from its expected sales of 35,000 this year. The maker of high-end electric vehicles will report second-quarter results after the market closes on Thursday and investors will be looking for an update on its planned “gigafactory,” the US$5-billion battery plant that is essential to its expansion. The Financial Post’s Kristine Owram went to a Tesla dealership in Toronto to learn more about the automaker’s growth plans in Canada.







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