Sunday, June 26, 2022
News Tesla Falls Heartbreakingly Shy of Half-Million Annual Delivery Goal

Tesla Falls Heartbreakingly Shy of Half-Million Annual Delivery Goal

Electric Automaker Nearly tops half-million deliveries

  • Final figures could push brand over milestone

  • Deliveries up more than 1/4 from 2019

Tesla‘s goal for 2020 deliveries of its lineup of electric cars and crossovers was a cool half-million. That’s a massive increase over the 367,000 the company delivered in 2019, but, in typical 2020 fashion, the automaker came cruelly, tantalizingly close but fell just short of the target.

After a dash to deliver Tesla Model 3 and Model Y vehicles, including adding free supercharging for three months to cars delivered in the last few days of the year to try and pull customers into taking from showroom stock, Tesla delivered 499,550 vehicles in calendar year 2020. That’s slightly fewer than the 509,737 they built, again a solid figure for the automaker, but falling that short of the target has to sting.

That said, Tesla’s Investor Relations page, which revealed the total deliveries, said that “our delivery count should be viewed as slightly conservative,” and that “final numbers could vary by up to 0.5 percent or more.”

The deliveries were divided up into 57,037 copies of the Model S and X, and 442,511 of the Model 3/Y combo. Tesla said that Model Y production has started in Shanghai, with deliveries of those vehicles to begin shortly.

Still, investors seemed happy with the figures, as the company stock has risen from US $698 on the 31st to $739 per share at press time.


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