Tesla sets a record for car sales in the third quarter of 2020
Tesla sets a record for car sales in the third quarter of 2020

Tesla announced Friday that it delivered 139,999 cars in the third quarter of 2020 and produced 145,036 cars in the same period.

According to analyst consensus in a survey conducted by FactSet on Wednesday, analysts expect Tesla to announce delivery of 137,000 vehicles in the past three months. Estimates range from 123,000 cars to 147,000 cars.

Delivery is the most accurate sales number reported by Tesla. But the company's share price fell by more than 5% in the pre-trading session on Friday, presumably due to the spread of shares in the market after US President Donald Trump announced that he had been infected with the (Covid-19) virus. Covid-19. sales.

What baffles some analysts is that the company does not break down delivery and production volumes by region. It also combines its older Model X and Model S electric cars with delivery numbers for the newest cars: the Model Y and Model 3.

Tesla said that the company shipped 90,650 electric vehicles in the second quarter of 2020, but the number of cars sold fell to 87,048. Most of them were Model 3.

Tesla began operations in 2020 and plans to deliver at least 500,000 electric vehicles this year. However, the company has stopped paying cash and said it will exceed 500,000 deliveries this year.

At the company's annual general meeting on September 22, CEO Elon Musk said: Vehicle deliveries could increase by 30% to 40% compared to 2019. This means that between 477,750 and 514,500 vehicles will be delivered in 2019. Includes Scope for 2020 Tesla's previously announced target of delivering 500,000 vehicles this year.

In the third quarter, the electric vehicle manufacturer exceeded the health shutdown order caused by the virus (Covid-19) and forced the US assembly plant to keep basic operations to a minimum in the spring and has always had to face the problem of declining car sales. What affected the global sales of new cars.

Tesla rose again in August, partly due to the economic slowdown attributed to sales in China. After previous price cuts and increased production, the company sold nearly 12,000 cars in China this month.

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