Tesla defies delivery sceptics sending shares to a record high
Boosted by demand for its Model 3 sedans as overseas sales pick up, Tesla delivered 112,000 vehicles in the fourth quarter
03 January 2020 - 18:15
Bengaluru/New York — Tesla has beaten Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a record high in a vindication for CEO Elon Musk after a few turbulent years.
Boosted by demand for its mass-produced Model 3 sedans as overseas sales pick up, on Friday Tesla said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3s and 19,450 Model S/X SUVs, which is above expectations of 104,960 vehicles, according to IBES data from Refinitiv...
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