Tesla delivers over 50K vehicles in 2015

Electric car manufacturer Tesla announced yesterday it delivered 50,580 vehicles in 2015.

The full-year figure was topped off by 17,400 in the fourth quarter, which company officials said was in line with projections.

Heading into 2016, investors are hanging their hopes on the Model X, an SUV designed to compete with those from luxury automakers, to make the company profitable after years of losses.

Read more from Reuters.