Tuesday, January 25, 2022
39.1 F
Fort Worth

Tesla delivers

🕐 1 min read

Tesla’s stock jumped 3% after the electric car maker said deliveries rose more than 50% last year. The sharp increase means the company surpassed the low end of its sales goals for 2019. The company delivered 112,000 vehicles in the fourth quarter and about 367,500 for the full year. The Palo Alto, California company had earlier projected annual deliveries of between 360,000 and 400,000 units worldwide. The lower-cost Model 3 accounted for 83% of the company’s fourth-quarter sales at 92,550. The higher priced Model S Sedan and Model X large SUV made up the rest. The company surprised investors in the third quarter with a $143 million profit after posting a loss of $1.1 billion during the first half of 2019. It has mostly lost money in its first decade as a publicly held company.

Related Articles

970x250_DM_Leasing

Our Digital Sponsors

Latest Articles

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.