Tesla: crosses milestone of one million vehicles
(CercleFinance.com) - Tesla announced yesterday that it has crossed a crucial stage in its existence, reaching the threshold of one million vehicles produced, performance that has been warmly welcomed by the market in New York.
The announcement - made by Elon Musk yesterday evening - was immediately greeted by aficionados of the electric car brand, who saw it as the consecration of a success.
Does this mean that the group is on track to exceed market delivery expectations for the first quarter? Asked an analyst covering the stock this morning.
In any case, this speculation has pushed the share up more than 4% on the Nasdaq this morning.
Note that Tesla delivered 367,500 vehicles in 2019 and boasted 245,240 deliveries in fiscal 2018, compared to only 101,312 in 2017.
At this rate, Tesla could sell a million vehicles a year by 2023, according to analysts' estimates.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The announcement - made by Elon Musk yesterday evening - was immediately greeted by aficionados of the electric car brand, who saw it as the consecration of a success.
Does this mean that the group is on track to exceed market delivery expectations for the first quarter? Asked an analyst covering the stock this morning.
In any case, this speculation has pushed the share up more than 4% on the Nasdaq this morning.
Note that Tesla delivered 367,500 vehicles in 2019 and boasted 245,240 deliveries in fiscal 2018, compared to only 101,312 in 2017.
At this rate, Tesla could sell a million vehicles a year by 2023, according to analysts' estimates.
Copyright (c) 2020 CercleFinance.com. All rights reserved.