Tesla Motors Inc. (TSLA) Fail to to deliver 80000 vehicle to its customer in 2016 .
Although Tesla Motors sales rise up to 27 percent in last quarter of 2016.
Tesla electric car company sold a total number of of 76,230 vehicle in last year.
Palo Alto, California base company sold 22,200 cars in the fourth quarter from October to December in which 12,700 were Model S and 9,500 were Model X.
Chairman Mr. Musk, and the largest shareholder in Tesla vow to
increase production of its best selling Model 3 electric car much more quickly than planned, He set a target of producing 500,000 automobiles starting in 2018.
The Model 3 price start from $35,000 – $40000.
Musk said to boost the production ,suppliers informed to deliver their cars parts by mid 2017.
Tesla Model 3,has already 325,000 reservations in the last month of 2016.