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Tesla’s Musk Sidesteps 2012 Model S Goal, Sees 20,000 in 2013

Elon Musk, co-founder and chief executive officer of Tesla Motors Inc., declined to confirm that the electric-car maker will be able to meet its initial delivery target for Model S sedans this year.

Tesla, which began building the luxury cars in June in Fremont, California, will deliver 20,000 of the sedans next year and achieve a gross margin of more than 20 percent, Musk said yesterday in a Bloomberg Television interview on “In the Loop with Betty Liu.”