Tesla had a strong finish to 2019, with fourth quarter production and delivery numbers that exceeded expectations. After a tumultuous year of layoffs, plant closures, and production slowdowns, it appears the company is back on track.
Tesla’s fourth quarter vehicle production numbers were a record 112,000 units, with the Model 3 and Model Y alone accounting for 92,550 units. This brings the company’s full-year production total to 367,500 vehicles, a 50% increase over 2018.
Tesla’s fourth quarter delivery numbers were also impressive, with 112,000 vehicles delivered, a record for the company. The Model 3 was the star of the show, with 91,500 units delivered. Tesla also delivered 16,200 Model S and X vehicles, and 4,300 Model Y vehicles, which are just now starting to be delivered.
Tesla also announced several new developments at the end of 2019. The company announced its first event of 2020, a Model Y unveiling in March. Tesla also revealed that its first-ever steering wheel option would be available for the Model S and X. Additionally, the company announced that Hertz’s big Model 3 order was already paying off, with high demand for the vehicles.
Overall, it appears that Tesla had a strong finish to 2019 and is well-positioned for the coming year. The company’s production and delivery numbers were impressive, and with the new Model Y unveiling, Hertz’s big order, and the new steering wheel option on the Model S and X, 2020 is shaping up to be a big year for Tesla. With the company’s financials in good shape and the promise of more exciting developments on the horizon, Tesla looks poised to continue its success in the years ahead.