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Electric Carmaker Tesla Surpasses 2019 Goal, Delivers 367,500 EVs

Professor of Financial Economics and Part-time Value Investor, Transfin.
Jan 4, 2020 5:15 AM 1 min read

Tesla surpasses 2019 goal; delivers 367,500 electric vehicles.  



Delivers 367,500 electric vehicles in 2019.

Aiming for the Summit: Electric automaker Tesla has surpassed its 2019 goal, delivering 367,500 electric vehicles in the last one year. This is 50% more than the deliveries made in the previous year — a record-breaking figure largely supported by sales of the cheaper Model 3.


Tesla share price rose 3.8% in trading Friday morning on back of the news. 


However, as per this WSJ report, the road ahead for the Silicon Valley auto maker comes with a familiar challenge: execution. It also takes Tesla down a path in which its fortunes rest, to an unprecedented degree, on how it performs overseas—particularly in China, the electric vehicle maker’s top foreign market. Click link for the full scoop. 


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