How Many Vehicles Will Tesla Deliver This Quarter?
Tesla's (NASDAQ: TSLA) vehicle sales in 2020 certainly impressed. Despite enduring pauses in its production during the pandemic, the electric-car maker still managed to grow its deliveries 36% year over year -- and that was against a tough comparison in 2019, when vehicle deliveries surged 50% year over year. Yet somehow, Tesla expects deliveries to grow even faster in 2021 than they did in both 2020 and 2019.
After the company crushed analyst estimates last quarter, management's rosy outlook for 2021 is starting to look believable. But it may take another exceptional quarter before skeptics are convinced that Tesla's growth rate will accelerate this year.
The interior of Tesla's refreshed Model S. Image source: Tesla.
Source Fool.com