Demand Appears Strong for Tesla's Vehicles
With Tesla's (NASDAQ: TSLA) 2019 deliveries up 50% year over year, following a year in which deliveries grew 138%, some investors may be concerned that the automaker could be hitting a peak when it comes to demand for its vehicles. After all, Tesla is already delivering more than 300,000 Model 3 units annually -- and Model S and X deliveries are down year over year. Could Model 3 deliveries soon peak and Model S and X deliveries continue falling sharply on a year over year basis?
While these surface-level observations can help inform an investor's view of the company, they miss some other important trends in Tesla's business, which paint a more optimistic picture of the demand story for the electric-car maker.
Here are four reasons demand for Tesla's vehicles is probably strong going into 2020.
Source Fool.com
