Tesla sells 367,500 cars in 2019

6th January 2020 

Of which, 112,000 cars were sold in the last quarter of the year.

Electric car maker Tesla sold a total of 367,500 vehicles in 2019, of which 112,000 were sold in the last quarter of the year, the company said in a statement last Friday.

This meets Tesla’s forecast for 2019, which analysts reportedly believed the company could have been in danger of missing.

In its statement, Tesla said that it delivered 50 per cent more vehicles than the previous year.

Fourth-quarter car sales set a quarterly sales record, rising 15 per cent from the previous quarter.

Its fourth-quarter vehicle sales set a quarterly sales record and rose 15% from the prior quarter.

Tesla said that it sold 19,450 Model S and X vehicles last quarter, down more than 27,000 during the same period last year. Despite this, sales of Tesla’s more mainstream Model 3 sedan reached 92,550 units, an increase of almost 50 per cent from the same period last year.

Analysts note that Tesla’s presence in foreign markets is considered crucial to Tesla’s long-term success.

As more mainstream car makers, such as Ford, Audi, and Porsche jostle to penetrate and snap up increasing shares of the electric vehicle market, 2020 is set to be an exciting year.

26th March 2020

Since then, it has ferried two drivers into Malta in close cooperation with the authorities, having been special cases.

25th March 2020

It has introduced a moratorium on home/personal loans, an increase in credit limits and other measures to help customers get through the COVID-19 pandemic

23rd March 2020

The new policies will come into effect from tomorrow, 24th March

23rd March 2020

The measures include a three-month capital repayment moratorium on home loans and personal loans