Since last year, the company began selling the Model X sport-utility and it has had problems ramping up production. Tesla said it produced 18,345 Model S and Model X vehicles in the same three months and that thousands of vehicles were in transit at the end of the three months that ended June 30. ENLARGE Photo: ReutersTesla Motors Inc. TSLA 1.99 % said its second-quarter global sales rose 25% to 14,370, less than the 17,000 it had expected, as it worked to produce more vehicles. While a 25% increase might seem strong, deliveries of its Model S sedan fell 15% to 9,745. Deliveries of the company’s Model X stood at 4,625.

Source: Wall Street Journal July 03, 2016 18:56 UTC