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Tesla Produced and Delivered a Half Million Cars in 2020

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In 2020, Tesla produced and delivered half a million vehicles. In addition, Model Y production in Shanghai has begun, with deliveries expected to begin shortly. The delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

Historically, Tesla has 200-300 more cars in their final delivery count.

There are reports that there were over 100,000 orders for Model Y in China in the first 10 hours that they were made available on the Tesla China website.

On January 1, Tesla prices for the China-made Model Y were reduced. This led to an explosion of orders and rapidly went past 100,000 units.

Model Y Long Range is priced at RMB 339,900 ($51,890) instead of the old price RMB 488,000 ($68,580). Model Y Performance now costs RMB 369,900 ($56,482) instead of RMB 535,000 ($75,185).

Tesla stated in 2014, that they would produce 500,000 cars in 2020. This goal was achieved despite the pandemic in 2020.

SOURCES – Tesla
Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)

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