fbpx

Stay Informed. Stay Competitive. Get Free Email Updates Dow 30 & Emerging Growth

Stay Informed. Stay Competitive.

Get Free Updates

Dow 30 & Emerging Growth

Tesla Reports Sixth Consecutive Quarter Of Record Deliveries – $TSLA

By John F. Heerdink, Jr.

Reportedly, Tesla (TSLA) recorded quarterly deliveries exceeding Wall Street estimates, marking the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries.

The electric vehicle giant delivered 308,600 vehicles in the fourth quarter, above analysts’ estimates of 263,026 vehicles. Tesla’s October-December deliveries increased about 70% from a year earlier and nearly 30% higher from record deliveries the preceding quarter.

Tesla ramped up production in China for domestic sales and exports to Europe and other countries even after competition rose and regulatory pressure built-up following product safety complaints by consumers. Led by billionaire CEO Elon Musk, Tesla Inc. sold a total of 296,850 Model 3 compact cars and Model Y sport-utility vehicles to customers in the fourth quarter. It delivered a combined 11,750 Model S and Model X vehicles, higher from 9,275 in the third quarter. Analysts estimated Tesla to deliver 12,879 Model S and Model X cars.

Visit the VP Watchlist to learn more about Tesla (TSLA)Apple (AAPL), and other companies highlighted in our targeted list.  


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners, receive our FREE email updates throughout the week, and view our exclusive content and research.


(Read Original Story: Tesla delivers record vehicles in Q4, beating estimates in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us