Comparing Tesla’s Q4 2012 sales (deliveries, not orders) to Tesla’s Q4 2019 sales, we can see that Tesla vehicle sales grew 47× in 7 years. Anyone going along with Elon Musk’s forecast of such growth back in 2012 or subsequent years (even up through 2018 and a large portion of 2019) was frequently seen as unrealistically optimistic or “biased.”
Tesla end-of-quarter rush is unavoidable, inevitable, inescapable, necessary, unescapable, needed. We all hate Tesla’s end-of-quarter delivery hell. It is the price Tesla pays for its direct sales model. Other companies also try to score some extra sales at the end of a period, but no one gets into a frenzy like Tesla
Tesla Model 3 Set To Grab Global #1 Premium Vehicle Spot In 2020, Crushing Mercedes C-Class & BMW 3 Series
Tesla aims to produce 600,000 to 650,000 vehicles in 2020, with around 500,000 of those being the Tesla Model 3. The current premium segment leader, the Mercedes C-Class, sold 478,000 in 2018, but — being a fossil burner — is now in terminal decline. The BMW 3 Series only managed 366,000 sales in 2018 and won’t grow significantly. The result? The Model 3 will almost certainly take the global #1 spot in 2020. Let’s break down the numbers
The auto industry is famously complicated. Those who dare to build cars have to deal with global supply chains, government regulations, and the ever-shifting vagaries of fashion. At the end of the assembly line, however, lies one simple fact: to make money, you must deliver vehicles to customers. A few weeks ago, Tesla [TSLA] stock dropped through the floor because of doubts about deliveries. More recently, it soared back to healthy levels when the company announced a record 95,200 global deliveries for the second quarter.
The total production and delivery numbers are out for Q2 and they are stronger than anyone dared hope. Here’s hoping the short sellers choke on the numbers.
Congrats to Elon & Tesla for an excellent quarter! These were a unique set of challenging circumstances and Tesla did great. I would like to apologize to Maarten. I shared with him many of the tweets and links on expectations for Tesla’s Q1 results. Enraged, the G.O.M. (“grumpy old man”) valiantly made a prediction. He took the blow instead of me
I have to eat crow. That is the civilized way to say it. What I wrote was completely off. It was logical, believable, and wrong. After submitting it, I thought I should have included that famous line about complex problems having simple answers that are completely wrong — a point I did prove. Another way of saying it, it was
Tesla delivered 110% more vehicles in the 1st quarter of 2019 versus the 1st quarter of 2018. The Q1 2019 delivery total was approximately 63,000. That said, the deliveries were 31% less than the 4th quarter of 2018, due in part to a high number of vehicles in transit, over 10,
It’s a bit harder for us to monitor Tesla activity in China than in the US and Europe. However, a certain Chinese American Tesla enthusiast seems to have a high number of connections there. Our friend Vincent routinely picks up intel on Tesla deliveries, Gigafactory 3 construction in Shanghai, and other matters. Below are some recent updates from Vincent