Tesla Delivered 180,600 Vehicles in Q4 2020 - 30% More than Q3

Tesla Delivered 180,600 Vehicles in Q4 2020 - 30% More than Q3

23.02.2021: Tesla and enigmatic founder, Elon Musk have been on the news regularly in recent months for the company’s impressive performance in 2020.


Tesla and enigmatic founder, Elon Musk have been on the news regularly in recent months for the company’s impressive performance in 2020.




Musk has long wanted to break through the mainstream market with his electric cars and it seems that he has finally done it. According to data presented by TradingPlatforms.com, Tesla sold 30% more cars in Q4 of 2020 compared to Q3, for a quarterly total of over 180K cars.




Tesla Has Broken Through the Mainstream



Tesla’s Q4 car production and delivery have cemented Tesla’s place in the mainstream. In Q4 of 2020, Tesla delivered 180,600 units and produced just under that same number. In terms of deliveries that is a 30% QoQ increase and a more than 70% YoY increase. Production levels increased similarly with the total number of cars produced in Q4 a 24% QoQ increase and over 70% YoY increase.



In 2020, Tesla also led the world in plug-in electric vehicle sales with an estimated 499,535 units sold more than doubling the next highest on the list, Volkswagen. This allowed Tesla to take the largest share of the plug-in electric vehicle market with 17.95%. Volkswagen was the only other producer that had a double-digit share of the market with 12.6%.



Tesla’s Path to Mass Market Production



Tesla’s journey as a company began in 2003 but it was not until 2008 that the company began production of its first vehicle, the Tesla Roadster. The Roadster was of the premium sports car category which Musk accepted as the needed entry point for Tesla’s electric car business before he could proceed to his main goal of breaking through the mainstream.


With its next two vehicle models, the luxury Sedan Model S and the luxury SUV Model X,  Tesla started really making waves in the automotive world. Not only did the Model S become the best-selling plug-in electric car globally for the years 2015 and 2016, Tesla was doing so while also bagging numerous automotive awards.



In 2017 Tesla began selling its fourth vehicle, the Tesla Model 3 which was the first Tesla car truly meant for the mass market. In 2020, the Model 3 was the best selling plug-in electric vehicle model worldwide, with more than three times the amount sold of 2nd placed Wuling HongGuang Mini EV.
 


You can read more about the story with more statistics and information at:  https://tradingplatforms.com/blog/2021/02/23/tesla-delivered-180600-vehicles-in-q4-2020-30-more-than-q3/



- Rex Pascual - photo Tradingplatforms

Permanent-URL: http://www.automobilsport.com/tesla-delivery-vehicles-q4-2020-more-q3---219620.html

23.02.2021 / MaP

More News

LKQ Europe tops second half 2020 segment EBITDA margin outlook
22.02.2021
Strong second half in European segment with a segment EBITDA margin of 8.9%, above the range of 8.0% to 8.5% presented at the September 2020 LKQ Investor Day.LKQ Corporation (Nasdaq:LKQ) reported fourt more >>
Renault Board of Directors communication
18.02.2021
Groupe Renault continues the renewal of its Board of Directors, which began in 2019, strengthening its financial, digital and mobility expertise.At today’s meeting, on the recommendation of the Governance and Remuneration Committee, Renault's Board more >>
AAAM and Afreximbank sign an MoU to drive Automotive Investment in Africa
18.02.2021
also on african.partnersThe African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. more >>
Daimler confident for 2021
18.02.2021
    Financial results 2020 significantly better than expected amid COVID-19 challenges    Net profit increased by 48% to €4.0 billion (2019: €2.7 billion)    Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion)&nb more >>
Ford Europe Goes All-In on EVs on Road to Sustainable Profitability; Cologne Site Begins $1 Billion Transformation
18.02.2021
    Ford says by mid-2026, 100% of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid; moving to all-electric by 2030     Ford’s commercial vehicle ran more >>
UK bus and coach registrations decline -32.0% as Covid hits 2020 market
18.02.2021
BUS AND COACH REGISTRATIONS17 February 2021 (data for Q4 and full year 2020)    Demand for new buses and coaches drops -32.0% in 2020, with 3,996 vehicles joining UK roads.    Single-deck registrations, down -58.7% to 755 un more >>
UK Heavy Goods Vehicle registrations fall -32.2% in 2020 as operators postpone fleet renewal
18.02.2021
HEAVY GOODS VEHICLE REGISTRATIONS17 February 2021 (data for data for vehicles >6 tonnes, Q4 and full year 2020)    Truck registrations drop to 32,918 units following bumper 2019 and impact of pandemic.  &nbs more >>
Indonesia off-track with its target of exporting one million vehicles by 2024, says GlobalData
16.02.2021
Following the news from the Association of Indonesia Automotive Industries (GAIKINDO) that automotive exports from the country declined by 30.1%;Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, of more >>
FLA Members provided £113 billion of new business in 2020
12.02.2021
New figures released today by the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance markets provided £113 billion of new business in 2020 to help support business inves more >>
FLA: Consumer car finance new business volumes fell by 12% in December 2020
12.02.2021
New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of 12% in December 2020 compared with the same month in 2019.  In 2020 as a whole, new busin more >>
BMW Manufacturing Is Largest U.S. Automotive Exporter by Value for 7th Consecutive Year.
11.02.2021
    Export Value From South Carolina Plant Totals More Than $8.9 Billion in 2020.    Plant Sets New High for Six-Month Production Period Despite Production Interruption. For the more >>
UNCTAD - Global Trade Update February 2021
09.02.2021
East Asia manufacturing leading the global trade recovery.The recovery has been uneven, with many countries lagging. South-South trade remains well below average but for East Asia. East Asian economies have been leading the recovery process with strong export growth and gains in global market share.Most manufacturing sectors recorded po more >>
Nissan contributes - € 123 million for fourth quarter 2020 to Renault's earnings
09.02.2021
  Nissan released today its results for the third quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st, 2021).Nissan’s results, published in Japanese accounting standards, for the third quarter of fiscal year 2020/2021 (October more >>
Auto makers’ credit losses stay low despite economic effects of coronavirus crisis
09.02.2021
Credit loss rates at auto makers’ financing arms have remained at multi-year lows despite the economic ramifications of the coronavirus crisis. Government support through payment moratoriums and direct transfers have helped auto loan debtors to weather the crisis while financing arms of auto makers have benefitted from low credit losses.Credi more >>
Stellantis 2021 Corporate Calendar
05.02.2021
  Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that the Fourth Quarter and Full Year 2020 results for Fiat Chrysler Automobiles N.V. (FCA) and Full Year 2020 results for Peugeot S.A. (Groupe PSA) will be released on March 3, 2021. more >>
Van market starts new year with a boost, up 2.0% in January
05.02.2021
    UK light commercial vehicle (LCV) market grows 2.0% in January, with 24,029 vehicles registered.    Registrations of large vans single-handedly drive demand, surging 25.4% as all other segments experience double-digit decline.    New emissions figures reveal 2020 as the year with lowest recorded van-der more >>
Q1 2021 Industry Outlook Survey Results – FLA members see opportunities for growth
05.02.2021
The Q1 2021 Industry Outlook Survey results released today by the Finance & Leasing Association (FLA) shows that the asset finance, consumer finance and motor finance industry see opportunities for growth over the next year despite the h more >>
New UK car registrations fall -39.5% as showroom closures stifle demand
05.02.2021
    Just 90,249 new cars registered in January – the worst start to a year since 1970 despite click and collect preventing greater fall    New emissions figures show 2020 delivered the cleanest vehicles in history as average CO2 emissions fell by -11.8% on previous year, but more to do to deliver net zero  more >>
Volvo Cars’ global sales grew 30.2 per cent in January
04.02.2021
Starting 2021 on a strong note, Volvo Cars reported the best January in its history, as Europe, China and the US all reported increasing sales.Global sales rose by 30.2 per cent to 59,588 cars, boosted by a strong year-on-year performance in China where the co more >>
REE Automotive to list on NASDAQ through merger with 10X Capital Venture Acquisition Corp
04.02.2021
    REE Automotive (“REE”), a leader in e-Mobility, has entered into a merger agreement with 10X Capital Venture Acquisition Corp (NASDAQ: VCVC) (“10X SPAC”); the newly combined company will be listed on the NASDAQ under the new ticker symbol “REE”. more >>
Daimler plans a fundamental change in its structure
04.02.2021
Daimler plans separation into two pure−play companies and majority listing of Daimler Truck to accelerate into zero− emissions and software−driven future    Intention to split Daimler’s industrial businesses and establish more >>
Ford Invests $1 Billion (R15.8) to Modernize, Expand South African Manufacturing for All-New Ranger; Adds 1,200 Jobs
02.02.2021
•    New advanced technologies and systems will modernize and grow the Ford Silverton Assembly Plant to support expanded production of the all-new Ranger pickup truck, starting in 2022   •    Fo more >>
Pietro Gorlier is appointed Stellantis Chief Parts and Services Officer
01.02.2021
Effective February 1st 2021, Pietro GORLIER is in charge of the Stellantis Parts and Services business worldwide.Most recently, he was Chief Operating Officer, Europe, Middle East, Africa Region of former FCA Group and Global Head of Parts & Service (MOPAR) more >>
Kia announces January global sales
01.02.2021
    January global sales at 226,298 units, up 2.5% y/y     Korea sales increased 12% to 41,481 units    Sales outside of Korea climbed 0.6% to 184,817 units    Kia to expand new model line-up, including its first dedicated BEV model more >>
Welcome on board: Karin Radström takes over management of Mercedes-Benz Trucks
01.02.2021
Karin Rådström took up her position as Member of the Board of Management, Daimler Truck AG, responsible for Mercedes-Benz Trucks, today. Rådström most recently has been responsible for sales and marketing at Scania as a member of the Executive Board. more >>
Lexus announces 2020 global sales results
01.02.2021
Lexus global sales for January–December 2020 totalled 718,715 units (a 6% decrease from the previous year). While the first half of the year was affected by the spread of COVID-19 with a 16% decrease from the first half of 2019, sales from July-December increased by 2% compa more >>
Daimler preliminary results for the financial year 2020 significantly above guidance and market expectations
29.01.2021
Daimler completed the financial year of 2020 in a challenging environment with a very strong fourth quarter, in particular with regard to Industrial Free Cash Flow. All divisions contributed to this success. Mercedes-Benz Cars and Vans exceeded key financial metrics of the financial year 2019. more >>
UK car production down -29.3% as coronavirus slams brakes on sector
29.01.2021
UK CAR MANUFACTURING data for December and FY20    UK car manufacturing output falls -29.3% in 2020 to 920,928 units, the lowest total since 1984.    Production for UK and overseas markets declines -30.4% a more >>
British engine production falls -27.0% in 2020 as pandemic hits output
29.01.2021
UK ENGINE MANUFACTURING (data for December and full year 2020)         UK engine manufacturing down -27.0% in 2020 to just over 1.8 million units.    Production for domestic and ove more >>
Coronavirus pandemic sends UK commercial vehicle production down -15.5% in 2020
29.01.2021
UK COMMERCIAL VEHICLE MANUFACTURING (data for December and full year 2020)    British commercial vehicle production falls -15.5% in 2020 to just 66,116 units, the lowest annual output since 1933.1    Output for overseas markets down -17.8%, while production for the UK drops -12.2%.    more >>
BMW AG Preliminary Automotive Free Cash Flow for the fourth quarter and the full year 2020 above market expectations
28.01.2021
AdHoc announcement The BMW AG’s preliminary Automotive segment Free Cash Flow for the fourth quarter 2020 is around € 2.8 billion (Q4 2019: € 1.5 billion), leading to around € 3.4 billion (2019: € 2.6 billion) for the full year 2020 more >>
MITSUBISHI MOTORS Announces Production, Sales and Export Figures for December 2020 and Calendar Year 2020
28.01.2021
December 2020     Fiscal Year 2020 (20/04-20/12)     Calendar Year 2020 (20/01-20/12) Volume(unit)     YoY(%)     Volume(unit)     YoY(%)     Volume(unit)     YoY(%) more >>
DBRS raises the ratings on Stellantis N.V.
27.01.2021
  Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, DBRS Limited (DBRS Morningstar) has upgraded from “BBB (low)” to “BBB” the Issuer Rating and Senior Unsecured Debt rating of Stellantis N.V. more >>
Stellantis Convenes EGM to Approve Distribution of Faurecia Shares and Cash
25.01.2021
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published the notice convening the Extraordinary General Meeting of Shareholders (“EGM”) in order to approve the distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.A. (“Faurecia”) and up to €30 more >>
Fiat achieves record market share for A segment in 2020
23.01.2021
    2020 was a record year for the 500 and Panda in Europe, achieving a market share of 17.8%, up three percentage points respectively    Fiat begins 2021 with a totally refreshed line-up    MY21 500 family recently announced with updates to 500 hybrid, 500X and 500L    more >>
SKODA AUTO produced more than 750,000 vehicles at its Czech plants in 2020 despite COVID-19 pandemic
22.01.2021
› The number of vehicles produced reflects the 39-day shutdown and measures to protect employees’ health› Czech car manufacturer utilises Industry 4.0 technologies to modernise production processes› ‘NEXT LEVEL ŠKODA’ programme for the future defines priorities for the company’s future developm more >>
Daimler Truck AG CEO Martin Daum to lead ACEA Commercial Vehicle Board
21.01.2021
Daimler Truck AG CEO Martin Daum is the new Chair of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA), which brings together the CEOs of Europe’s leading manufacturers of trucks, buses and vans. more >>
SKODA AUTO opens state-of-the-art new Central Pilot Hall at its Mlada Boleslav site
21.01.2021
› Ideal facility for the planning, testing and manufacture of pre-production vehicles and start of production preparation› An area of more than 12,000 m² for body shop and vehicle assembly, as well as a measuring centre and virtual reality studio› Investments made amount to approximately 20.4 million euros more >>
Management changes at Opel/Vauxhall
20.01.2021
    Stephen Norman appointed Senior Vice President Sales, Aftersales and Marketing of Opel/Vauxhall    Paul Willcox to take over as Managing Director of Vauxhall With effect from February 1st 2021 Ste more >>
2001-2021 copyright automobilsport.com