Tesla Delivers 499,550 Vehicles in 2020, Just Shy of Target

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Tesla Inc. delivered a record number of cars worldwide in the fourth quarter of 2020, but fell just shy of a goal for 500,000 units for the full year. The electric-car maker delivered 180,570 vehicles in the last three months of the year, eclipsing its prior all-time high of 139,300 in the third quarter of 2020 while increasing 36% from 367,500 deliveries in 2019. The company has been ramping up output of its mass market models to meet rising global demand for battery-powered cars. The Palo Alto, California-based company said in a statement on Saturday its delivery count should be viewed as slightly conservative and final numbers could vary by up to 0.5% or more.

Source: Tesla Delivers 499,550 Vehicles in 2020, Just Shy of Target - Bloomberg


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