Tomahawk, WI 12/10/2013 (BasicsMedia) – Tesla Motors Inc (NASDAQ:TSLA) has continued to experience growth in its stock despite the many obstacles in the company’s way this year. The company’s stock has grown by a massive 305% and the electric carmaker is increasing its efforts at production. Brian A. Johnson, an analyst with Barclays who was at the company’s manufacturing plant is of the view that the company sales will probably surpass its fourth quarter estimates.

Expanding into International Markets

The company’s shares however experienced a 2.25 drop to $137.36 due to two class act lawsuits filed against it. This did not dampen the company’s US sales which grew astronomically by 3600%. One major challenge that the company continues to experience is poor sales at the international level. The biggest challenge for Tesla Motors Inc (NASDAQ:TSLA) in sales is in Europe where the company sold just 1,000 units last quarter. The company must now make aggressive efforts at international expansion and will attempt to achieve in a few years what other vehicle manufacturers took decades to accomplish.

Awesome Product and Impressive Growth

It is not all doom and gloom for Tesla Motors Inc (NASDAQ:TSLA) however, and while the company begun 2013 as an underdog, so much has changed since then. Elon Musk, the charismatic CEO of the company is credited with making the company a huge success. The CEO’s ability to convince people to buy into a vision and a future that is oil free has been widely applauded and has worked wonders thus pushing stocks to unprecedented levels. Customers are not just buying a car from the company but are making deposits to finance the development of the manufacturer’s models and buying the company’s stocks because they are impressed with the company’s products.

Tesla Motors Inc (NASDAQ:TSLA) To Exceed Previous Estimates

While Tesla Motors Inc (NASDAQ:TSLA) was previously limited in deliveries because of production, the expectation is that they will boost production by 50 units every week. The company’s estimates for the fourth quarter are thus quite conservative and they are expected to exceed any projections. 2014 will se the electric carmaker exceed production figures leading them to begin production outside the United States to meet the demands of the international market. In March 2014, the company is expected to start delivering vehicles to china; a market that is holds quite a huge and ripe for exploitation.

The company is not known for its vehicle manufacturing alone and Solar City which produces solar panels for both residential and commercial clients is another major achievement. Pete Rive, the company’s Chief Technology Officer invites anyone to experience the assembling of these units. This is testimony to the company’s ability to diversify. Still on vehicle manufacturing, the company’s Supercharger Network will continue to spread out all over the country the Wisconsin marked for this expansion as five stations are to be constructed.

If the company can succeed in covering 98% of the population of the United States with its Supercharger Network, while also expanding internationally, its efforts to revolutionize the auto industry will take a great leap forward. With the company intensifying production and exports, analysts believe that Tesla Motors Inc (NASDAQ:TSLA) can easily exceed its fourth quarter delivery schedule.

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