Looking to Tesla, Inc.'s Next Catalysts

Once Tesla (NASDAQ: TSLA) ramps up production of its Model 3, the less costly vehicle will become the biggest contributor to the electric-car maker's business. But, for now, the Model S continues to hold this important position -- more than five years after it was launched. The award-winning vehicle has served as Tesla's primary growth engine for years, propelling annual revenue from several hundred million dollars to billions in just a few years.

But Tesla's Model S deliveries this year suggest upside for the pricey electric sedan may be limited from here. This puts pressure Tesla's next growth catalysts.

Here's a look at how Model S sales growth has slowed, and why the success of the electric-car maker's newer vehicles is so vital.

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Source: Fool.com