TESLA

Brand reaches a new record in sales

Between October and December 2019, the American manufacturer of electric vehicles marketed the largest number of vehicles in its still short history, by placing 112,000 new cars on the market, a value that surpasses by 15.5% the 97,000 traded in the third quarter. By then, Tesla had increased sales from the second quarter (95,200 units), but only by 1.9%.
Of the 112,000 new cars delivered to customers, 92,550 were Model 3, 15.6% more than the 79,600 in the third quarter, with 19,450 being Model S and X, 11.8% more than the 17,400 in the third quarter. In the course of these final three months of 2019, when Tesla broke the record sales, Tesla also surpassed its record production, which reached 104,891 units.
With this result of the fourth quarter of the year, Tesla closed 2019 with 367,500 vehicles sold, a notable increase of 50% compared to the volume of cars sold in 2018. In response to this growth, the US stock exchange reacted up, with Tesla's shares reaching $ 443.01, also a new record. It should be recalled that this still small manufacturer of electric cars surpassed the value of GM and Daimler in mid-November by reaching a stock market value of USD 63.07 billion. But in the course of these about 45 days, when it announced that the brand Factory in Germany would produce 500,000 vehicles and started off with the delivery of the models built at the Chinese factory, the share price of the brand jumped from$ 349.93 on November 18 to 443.01 at today's closure, January 3.
For the first quarter of 2020, these figures will continue to rise even more significantly, as Gigafactory 3 in Shanghai started delivering cars to China on the last day of 2019, the waiting list being considerable. As these plants are currently manufacturing Model 3 at a rate of 1000 units/week (a value that will continuously increase to 3000), Tesla will be able to place on the market an additional 12,000 vehicles per quarter in the first half of the year, which should be close to 36,000/quarter in the second half of 2020.
It now remains to wait for the financial results, to see to what extent these positive sales results result in similar increases in invoicing and, more importantly, in profits. The financial year should be made public in the second half of January.

Mundoquatrorodas