Tesla delivers 499,550 vehicles in 2020

17:38, January 04, 2021

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  Tesla delivers 499,550 vehicles in 2020

  A Tesla service center is shown in Costa Mesa, California, US, on Oct 20, 2020.LOS ANGELES - Tesla produced 509,737 and delivered 499,550 vehicles in 2020, the US electric car maker said on Saturday.The delivery number was above Wall Street's estimates but still came slightly short of its annual goa

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  Tesla delivered record number of cars in 2020

  Tesla delivered a record number of cars in 2020, the company said, just narrowly missing its half a million target for the year.A picture taken on September 5, 2020 shows a driver testing a "Tesla Model Y" car, an all-electric compact SUV by US electric car giant Tesla, during its presentation at the Automobile Club in Budapest. (Photo: AFP)The pioneering high-end electric vehicle maker delivered 180,570 cars to customers and produced 179,757 in the fourth quarter of the year, it said in a statement Saturday.Teslas previous record was 139,300 vehicles delivered in the third quarter of 2020.For the full year, Tesla delivered 499,550 cars to customers, just shy of its target of half a million, and produced 509,737 units.The firm said its delivery count was conservative and that final numbers could vary by up to half a percentage point or more.Tesla chief and co-founder Elon Musk hailed the figures as a "major milestone" for the firm."At the start of Tesla, I thought we had (optimistically) a 10% chance of surviving at all," the mercurial tech entrepreneur tweeted.Teslas entry-level Model 3 and its crossover Model Y accounted for nearly 86 percent of deliveries, with the balance split between the luxury Model S sedan and the Model X SUV.The company also said Saturday that production of its Model Y had begun at its Chinese plant in Shanghai, with deliveries expected to begin shortly.Newly manufactured Tesla electric cars are pictured in a storage area at The Western Docks in Southampton on April 20, 2020. (Photo: AFP) Tesla has long aimed to manufacture electric cars for the masses and in September Musk, the worlds second richest person, said developments in battery technology meant the firm was looking at fielding a $25,000 model in around three years time.The company joined the prestigious Standard & Poors 500 stock index on December 21.Though its car production is modest compared with rivals, Teslas gr...