Tesla Produced and Delivered a Half Million Cars in 2020

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.

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

25 thoughts on “Tesla Produced and Delivered a Half Million Cars in 2020”

  1. I haven't encountered any voice recognition system that I would classify as suitable for critical controls, but it could just be that all the systems I've used were not up to current standards.
    And that's a perfectly reasonable assumption, because none of them were for anything where an error would be other than annoying.

  2. Speech recognition has gotten awfully good in the past few years. Accents and different languages aren't big challenges anymore. I suspect colds aren't a barrier either, so long as the command language is limited to a few dozen words. Programming to ignore coughs and sneezes wouldn't be tough.

    There should be fall-back screen controls for everything, of course. Maybe if you push the voice command switch the opposite of the usual direction, a screen with the top ~5 essential commands plus "More" could pop up. That'd handle odd circumstances like laryngitis acceptably, IMO.

    Background noise will occasionally be a rather more common issue – there are those motorists/cyclists who mistake vehicle volume for personal significance. But I'd bet speech recognition could be trained to ignore blatting engines, and multiple microphones that target the driver could help a lot too.

    At bare minimum, adding voice control greatly improves over having only screen controls for essential operations. And I suppose there could be an aftermarket physical control panel/levers for anyone who can't successfully use either of the former methods.

  3. 2021 voice command isn't up to that standard.

    Remembering it has to work for every accent, for every voice tone, for people with colds, laryngitis, someone who coughs partway through…. you are still ruling out someone with different languages. While there is a diesel truck in the next lane, with the windows open. And the kids yelling in the back seat.

    And getting it wrong could be that you tune into easy listening classic rock, instead of the night core rap channel.

    That you've set the HVAC to fog up the windscreen instead of demist and now you crash because of a directly attributable, easily predictable, design fault. Ladies and Gentlemen of the Jury…

  4. Seems like the obvious solution for eyes-on-the-road interfaces would be a single 'command' button on the wheel, and voice input to a decently smart AI.

  5. apples and oranges. How many ICE cars will Toyota be producing 15 years from now? An apt comparison should be 2020 Toyota EV sales vs 2020 Tesla EV sales.

  6. If you can't use the controls (that you adjust while driving) by feel, then it's a rubbish design.

    If you need the feeling and dexterity of a 30 year old test engineer, not an 80 year old or a young person wearing gloves, then it's still not good.

    Critical: Demister, lights, wipers, gears, navigation-volume/repeat/zoom

    Important: AC/Heater – on/off/hot/cold/high/low, windows, Sound system – on/off/presets/volume, integrated phone interface – answer/hang up,

    Nice to have: AC/Heater – setting functions like vent distribution, Sound system – programming presets/looking for stations, sports/comfort modes.

    Some of those things, like navigation and phone, a car company would be better off not including them than providing a service that leads to people trying to use a touchscreen menu while driving.

  7. What where the equivalent figures ten 10 years ago for Amazon and Sears
    and GM ?
    Gross profit 13B .. whats its debt ? … Answer, June 2020 General Motors had US$126.8b of debt, an increase on US$106.6b, over one year.
    Tesla is a bet on the future not the present or past.

  8. Even as a Tesla shareholder and Musk "believer", I think the stock is overvalued. Musk says the same. I have sold off 2/3rd of my position (extremely profitably) and continue to make small profit bookings.

  9. How does the vehicle react if the computer fails, screen dies, cpu craps out etc?
    Can anything be controlled manually?

  10. Tesla isn’t just making cars.
    Stock valuation isn’t based on current business indicators. It’s a bet that Tesla will be the dominant energy and mobility company by the end of the decade.

  11. The Tesla screen goes into night mode with a black background, and you can adjust the brightness. It’s not really that much of a distraction. The biggest issue is how much functionality is done with the screen – wipers etc.

  12. Drove by a Ford Mach E a week ago, it looks impressive and is larger than a Y. Best of all the screen wasn't as large as I feared and wasn't too bright (it was night time and I have wondered how annoying such a large screen would be in the dark).

    Mach E is closer to Model X in size and costs less than the Y. Probably will be much more reliable which kind of disgusts me. Competition is good.

  13. If BMW's electric offerings are at 350k then they are doing great compared to Tesla (given they haven't refreshed their EVs in ages).

    Speaking of which BMW really, really needs to refresh their EVs.

  14. Toyota produced 20 x more vehicles, 10 x more profit, 10 x more revenue than Tesla
    Tesla has 3 x Toyota's valuation.

    Company|Production|Gross Profit |Revenue|Valuation
    Toyota |10,398,182|$49B | $275B |$216B
    GM |7,718,000 |$13B | $137B |$59B
    Tesla |509,737 |$4B | $24B |$668B

    *Most recent data i could find.

  15. Yeah, BMW is well over 2 million, and over 2.5 if you count minis, RollsRoyce, motorcycles etc.
    Rick, you've got the wrong numbers there.

  16. BMW, who likely is losing potential sales to Tesla, produced about 350K cars total in 2020, as a comparison.

  17. 1,000,000 in 2021?

    Which global manufacturer lost the most business to Tesla?
    Is it even enough to worry about?

    I think it’s gonna be

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