Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

The Man Who Saved Tesla Isn't Worried About Deliveries

TSLA

Jason Calacanis has worked with technology firms since the dot-com era as an entrepreneur and angel investor in many technology startups. One of his biggest deals consisted of selling Weblogs to AOL in 2005.

Calacanis is also best known for taking delivery of a Tesla Motors Inc (NASDAQ: TSLA) sedan with a serial number "00001."

In other words, Calacanis is technically the first Model S owner on record.

Calacanis isn't a Wall Street guru or stock analyst, but certainly knows a thing or two about technology companies and cars. Benzinga reached out to him to comment on Tesla's second quarter delivery figures in which the company delivered 14,370 vehicles - short of its own projects of 17,000 vehicles.

Related Link: Tesla Shares Falling After Deliveries Hit Near 2-Year Low

Calacanis pointed out that the mix of cars that Tesla sold is "very interesting." Specifically, Tesla delivered 9,745 Model S sedans and 4,625 Model X SUVs, implying that the Model X represents roughly one-third of all sales.

Calacanis said Tesla's next vehicle line, the Model 3, will be 50 percent less complex than the Model S and 100 percent less complex than the Model X. If this turns out to be the case, he suggested Tesla's ultimate goal of delivering up to 500,000 vehicles per year "seems highly probable" over the next three years.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today