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New record: Tesla will deliver half a million vehicles in 2020 – economy

The paint shop building on the Tesla Gigafactory construction site near Berlin can be seen in the foreground. Photo: Patrick Pleul / dpa-Zentralbild / dpa Photo: dpa



Tesla boss Elon Musk has probably called his employees to the final spurt. In any case, the US company delivered more than 180,000 cars in the fourth quarter alone, setting a new quarterly record.

Palo Alto – US electric car maker Tesla delivered more cars than ever in the last quarter of 2020.

With sales of 180,570 cars, the previous record of just under 140,000 from the third quarter was once again significantly exceeded, according to a company announcement. For the year as a whole, Tesla was able to increase sales by 36 percent to 499,550 cars – and thus almost meet the target of half a million vehicles delivered.

2020 was an extraordinary year for Tesla and his boss Elon Musk, the 49-year-old became one of the richest men in the world today thanks to a soaring share. At the beginning of the year, production started in the plant in China – the so-called Gigafactory 3, which was completed in just a few months. Around half a million cars are to be built there once a year. In Grünheide in Brandenburg, the company is currently building a factory that will start producing in July – less than two years after Musk’s announcement that it would build a plant in Germany.

Although Tesla produces significantly fewer cars than the German manufacturers, the stock exchange is very rewarding for its success. Tesla’s stock market value rose by more than 700 percent in 2020 to just under 670 billion dollars or around 550 billion euros. For comparison: BMW, Daimler and Volkswagen come to 47 billion euros, 62 billion euros and 82 billion euros, respectively.

© dpa-infocom, dpa: 210102-99-877769 / 2



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