Wednesday, January 20

Tesla produced 500,000 electric cars in one year

It was one of Elon Musk’s fads: to produce or deliver 500,000 electric vehicles within a year. After a fourth quarter concluded on the hats of wheels, the American manufacturer fulfills this symbolic objective dear to his boss.

A historic year and a symbolic milestone. Tesla continues to rise and continues to impress when it comes to electric vehicles. In February 2019, its CEO Elon Musk evoked a sweet dream that had been trotting in his mind for some time: “Tesla built zero cars in 2011, will produce around 500,000 in 2019», Hammered the boss of SpaceX.

More than 500,000 cars produced

If the 2019 vintage was not the right one, the next one succeeded in fulfilling this objective. In a new press release, the manufacturer announces the long-awaited big news: the multinational has indeed produced more than 500,000 electric cars in 2020, and is close to 500,000 deliveries in the process.

Tesla owes this success to the strong demand observed for the Model 3 and Model Y: it is however impossible to know their respective figures, since Tesla combines the data (deliveries and production) of these two vehicles. Let us note all the same that 163,660 Model 3 and Model Y were assembled, against 161,650 deliveries.

A sharp increase between 2019 and 2020

As for the Model S and Model X, there are 16,097 models produced and 18,920 assembled. For a total of 509,537 cars built and 499,550 units shipped over the whole of 2020. A figure that has risen sharply compared to last year, which resulted in around 365,500 cars delivered.

Q1 2020Q2 2020Q3 2020Q4 2020Total
Production102 67282 272145 036179 757509 537
Deliveries88 400 90 650139 300180 570499 550

The group achieves a small feat here as the health and economic context caused by the coronavirus (Covid-19) plagued the automotive industry throughout the year. Tesla hasn’t faltered once – except for second-quarter production numbers – and has managed to ramp up gradually to meet its annual target.

The specialists were not however optimistic on this subject: “Reaching the target of 500,000 vehicles would require delivering 181,000 models in Q4. Quarterly production level – 145,000 was a record in Q3 – will be difficult to achieve over the next thirteen weeks“, Estimated for example Kevin Tynan, auto analyst at Bloomberg, last October.

An exciting year 2021

The year 2021 promises to be even more exciting for Elon Musk and his teams. With the construction and launch of operations of two new Gigafactory – Austin and Berlin – Tesla will be at the head of an industrial arsenal capable of better supplying a constantly growing market, where demand continues to increase.

What will Tesla’s new target be for 2021? We are waiting for a new media release from Mr. Musk to learn about it.

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