Tesla spoke about record deliveries of electric cars

Tesla spoke about record deliveries of electric cars

January 30, 2020 0 By autotimesnews

In the fourth quarter of 2019, Tesla Corporation set a new record for deliveries, transferring over 112,000 electric cars to customers.

The automaker’s revenue for the same period increased by 2%, to 7.38 billion dollars. This is indicated in the latest report of the American company.

The corporation called 2019 “a watershed year” and expressed hope for a further increase in all its indicators thanks to the high demand for the Model 3 sedan and the launch of a new company in Shanghai, with a design capacity of 500 thousand electric models per year. For the whole of 2019, the automaker produced over 360 thousand cars.

As emphasized, Tesla’s net profit in the fourth quarter fell to $ 105 million, while over the same period last year it amounted to $ 140 million with a loss of $ 862 million.