100th Ford Tourneo custom sold, with sales way above expectations.

• Ford campervan, the Wellhouse Ford Terrier, exceeds sales forecasts since October 2013 launch
• Wellhouse set to increase production to 250 a year

A leading campervan conversion company, Wellhouse Leisure, has sold its 100^th Ford campervan less than a year after its launch at the Motorhome and Caravan Show, Birmingham in October 2013.

The 100^th Ford Terrier was sold to a customer from West Yorkshire and will be delivered in April 2015. It’s the SE model in Deep Impact Blue with a 2.2-litre, 125PS Ford Duratorq TDCi engine and have added further options including a towbar, a safe, an external BBQ point, reversing camera and a roof bed.

The Ford Terrier campervan range includes three models – S, SE and Sport – with on the road prices from £39,500-£46,500 (including VAT).

To keep up with the high level of demand, as well as production of demonstrators for the increasing number of retailers selling the Ford Terrier, Wellhouse has invested £125,000 in new equipment for its factory and hired an additional 10 employees. 

David Elliott, managing director of Wellhouse Leisure, said: “We are delighted to have sold our 100^th Terrier and, we’re also pleasantly surprised as we didn’t dare dream that we would reach this level of sales so quickly. The Terrier exceeded even our boldest sales forecasts thanks to its winning combination of high standard specification, great design and good value for money”.

The Ford Tourneo Custom went on sale at the beginning of 2013 and during 2014, monthly sales have trebled year over year.

Electric cars are the way forward, Tesla proves this by having amended its sales targets.

Tesla Motors announced today that sales of its Model S vehicle exceeded the target provided in the mid-February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs. the 4,500 unit prior outlook. As a result, Tesla is amending its Q1 guidance to full profitability, both GAAP and non-GAAP.

“I am incredibly proud of the Tesla team for their outstanding work. There have been many car startups over the past several decades, but profitability is what makes a company real. Tesla is here to stay and keep fighting for the electric car revolution,” said Elon Musk, Tesla Motors co-founder and CEO. “I would also like to thank our customers for their passionate support of the company and the car. Without them, we would not be here.”

Also being announced today is that the small battery option for the Model S will not enter production, due to lack of demand. Only four percent of customers chose the 40 kWh battery pack, which is not enough to justify production of that version. Customers are voting with their wallet that they want a car that gives them the freedom to travel long distances when needed.

The customers who ordered this option will instead receive the 60 kWh pack, but range will be software limited to 40 kWh. It will still have the improved acceleration and top speed of the bigger pack, so will be a better product than originally ordered, and can be upgraded to the range of the 60 kWh upon request by the original or a future owner.

Tesla is also revealing a small Easter egg today: all 60 kWh cars have been and will be built with Supercharger hardware included. Tesla is taking a slight cost risk that ultimately all customers will want to buy the Supercharger upgrade and receive unlimited, free long distance travel for life. Even for those that never drive long distances, this will improve the resale value of their car to people that do.

About Tesla
Tesla Motors' (NASDAQ: TSLA) goal is to accelerate the world’s transition to electric mobility with a full range of increasingly affordable electric cars. California-based Tesla designs and manufactures EVs, as well as EV powertrain components for partners such as Toyota and Daimler. Tesla has delivered almost 10,000 electric vehicles to customers in 31 countries.

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Forward-Looking Statement
Certain statements in this press release, including statements regarding the expected profitability of the company, the availability of vehicle features and options and the Supercharger network, are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations, and as a result of certain risks and uncertainties, actual results may differ materially from those projected. Various important factors could cause actual results to differ materially from those in the forward-looking statements, including the risks and uncertainties identified under the sections captioned “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results Of Operations” in Tesla’s Form 10-K filed on March 7, 2013. Tesla disclaims any obligation to update information contained in these forward-looking statements.