Tesla failed to deliver 500,000 cars in 2020
Tesla failed to deliver 500,000 cars in 2020

Tesla announced that it failed to hit CEO Elon Musk's goal - after Elon Musk shipped 499,550 cars, or 99.91% of sales, in 2020 - to reach 500,000 cars by 2020.

Tesla said: The bottom line may vary by 0.5%. So when the final number of annual results to be released in late January is announced, the number can exceed 500,000.

Given the impact of the coronavirus epidemic on its operations in the first half of the year, this number represents a major recovery for Tesla.

Tesla said in January 2020: It hopes to slightly exceed its target of 500,000 vehicles worldwide by the end of this year. However, as the virus spreads, the company will have to close new factories in China and one plant. A car in California for several weeks.

Musk stressed that Tesla can continue to achieve its goals, especially after the expected launch of the Model Y in March.

Tesla delivered 88,400 vehicles in the first quarter and 90,650 vehicles in the second quarter. Tesla announced in October that it had delivered 139,300 vehicles in the third quarter and that it was also the third consecutive quarter. Earn in five quarters.

All this caused the company's share price to skyrocket, making it the world's most valuable automaker.

Last week, Musk urged Tesla employees to do their best to achieve this goal, writing, "It's a big step and we must unite within the company to achieve what critics think is impossible."

In the fourth quarter of this year, Tesla said, the company produced 179,757 vehicles and shipped 180,570 vehicles. Total production for the year was 509,747 cars, and total delivery volume was 499,550 cars.

This means that the company sold about 130 thousand cars compared to 2019.

The self-setting goal of 500,000 cars is part of Musk's attempt to usher the automotive industry into the era of clean energy, although the goal is more modest than previously set. .

Musk expected Tesla to ship 1 million cars in 2020, but after the company ran into problems increasing production of Model 3 electric cars, he charted that number later.

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