Tesla gears up for Australia’s electricity market

4 November 2015

Elon Musk’s iconic electric car marker Tesla Motors reported results on Wednesday morning our time, and Wall Street loved them.

The company delivered a record 11,603 units of its Model S sportscar during the quarter and said it is on track with the release of its Model X SUV later this year. The company’s shares have shot up by more than 10 per cent in after hours trading.