Tesla delivers record electric vehicles, Model Y and Model 3 grow splendidly

American electric car maker Tesla delivered a record number of electric vehicles in the final quarter of last year. The company delivered 9,36,172 electric cars and crossovers to customers around the world last year, its highest total sales volume. Tesla’s plants in Fremont and California and Shanghai in China produced 3,05,840 units in the fourth quarter of last year and 9,30,422 units for the full year.

Tesla delivers record electric vehicles

Tesla has He said Which delivered 3,08,600 units in the fourth quarter of last year. The growth in this was largely contributed by the Model Y hatchback and the Model 3 sedan. The Model S and Model X crossovers, priced around $ 100,000, have less to do with it. The company does not provide sales figures by region. However, China is an important market due to its volume growth. Exports are also made from the plant in China to Europe and other markets. The company’s quarterly delivery figures have been around 70 percent higher than a year ago.

Although the company failed to deliver one million vehicles last year, Tesla CEO Elon Musk believes the company can achieve annual sales of 20 million electric vehicles by the end of this decade. This will be a huge number, as the world’s largest auto companies, including Toyota and Volkswagen, have sales of around 10 million units. Tesla is preparing to open new plants soon in Germany and Texas in the US This will increase the company’s production capacity and help it meet rapidly growing demand.

Tesla’s growth this year has been far greater than that of other global brands. Its brand value has grown significantly to $ 36.27 billion. Tesla has entered the world’s 20 most valuable brands for the first time. Along with this, Musk’s wealth has also increased rapidly. Tesla is the only brand to achieve triple-digit growth this year. Tesla’s car sales compete with other global auto companies in some countries like the United States and China. Tesla also plans to start business in the Indian market. The company has demanded that the central government reduce the import duty.

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