Tesla delivers record vehicles in Q4, beating estimates

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Tesla sold a total of 296,850 Model 3 compact cars and Model Y sport-utility vehicles to customers in the fourth quarter.

reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production.

Tesla’s October-December deliveries were up about 70 per cent from a year earlier and nearly 30 per cent higher from record deliveries the preceding quarter. Tesla’s 2020 deliveries fell slightly shy of its goal of half a million vehicles. Musk said in October last year that Tesla will be able to maintain an annual growth rate of more than 50 per cent for “quite a while.”

 

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