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How Tesla's Vehicle Deliveries Are Likely to Soar More Than 50% This Year


When electric-car maker Tesla (NASDAQ: TSLA) was delivering 50,000 vehicles per year in 2015, almost no one would have believed that the company would not only be delivering 500,000 vehicles per year by 2020 but growing deliveries at rates above 50% year-over-year in 2021. But this is exactly what Tesla is doing.

With more than half of the year behind us, it's increasingly clear that Tesla will likely grow 2021 deliveries more than 50% this year -- an astounding achievement for a large company in a capital-intensive industry.

Here's a look at Tesla's staggering vehicle sales growth -- and why 50%-plus growth for 2021 is pretty much in the bag.

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Source Fool.com

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