Tesla’s Year-End Push Lifts 2020 Deliveries To Musk’s Long-Sought 500,000-Unit Goal - News Summed Up

Tesla’s Year-End Push Lifts 2020 Deliveries To Musk’s Long-Sought 500,000-Unit Goal


Tesla CEO Elon Musk arrives for the Axel Springer Awards on Dec. 1, 2020, in Berlin. The carmaker reported delivering 180,570 vehicles in the quarter that ended Dec. 31, 2020, up 61% from a year ago, raising full-year deliveries to a best-ever 499,550 units. Musk has been targeting sales of a half-million electric vehicle sales ever since Tesla purchased its Fremont, California, assembly facility from Toyota in 2010. The company charges customers $10,000 for the feature when purchasing new Teslas, although it isn’t yet capable of SAE Level 4 autonomous driving. Tesla shares, which rose more than 700% in 2020, closed at $705.67 on Dec. 31.


Source: Forbes January 02, 2021 15:56 UTC



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