Tesla Motors is scheduled to announce financial results for the fourth quarter of fiscal 2015 on February 10th.  In the first three quarters of this fiscal year, the Silicon Valley based auto maker delivered just over 33,000 vehicles, implying a pace that would leave it much short of its targeted figure of 55,000 deliveries in 2015. The company had revised its target to between 50,000 and 55,000 following a disappointing pace earlier in the year. However, given its third quarter performance, we were quite skeptical that the company would even be able to meet its revised targets. The company had delivered close to 11,600 vehicles and produced just over 13,000 units in the quarter. Those figures put deliveries at 33,180 and production at 37,058 units. To meet its full year targets, the company would have to increase deliveries by a minimum of 12% (~13,000 new deliveries) and deliver all of its surplus production from earlier this year(~4,000). These targets looked quite ambitious even though the company had been rapidly improving its production rate and narrowing the time lag between delivery and production.

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