Tesla Just Shy of 500,000 Deliveries Milestone

Tesla has released its official delivery and production numbers for the final quarter of 2020, as well as its totals for the entire year. Although the automaker was just shy of reaching its goal of 500,000 vehicles delivered before the year’s end, they did managed to achieve another record breaking quarter with over 180,000 deliveries.

Tesla CEO Elon Musk set a goal for his company over 5 years ago to deliver 500,000 vehicles in a single year. A goals that could have only been achieved this year by Tesla producing around 170,000 vehicles and deliver about 181,000 during Q4 of 2020.

Tesla’s Gigafactory Shanghai was a huge player in the quarterly accomplishment with the ramp in production we’ve seen at the site in the past few months. However, Tesla ended the year with less than a thousand deliveries shy of its goal. Tesla announced today its production and delivery numbers for Q4 2020 and confirmed the production of 179,757 vehicles and delivery of 180,570 vehicles:

Although they aren’t quite the numbers the automaker was hoping to achieve in Q4 2020, it is another personal record for the company beating its previous record by about 40,000 vehicles.

Tesla did however report they achieved “production and delivery of half a million vehicles” in 2020: “In 2020, we produced and delivered half a million vehicles, in line with our most recent guidance. In addition, Model Y production in Shanghai has begun, with deliveries expected to begin shortly.”

If we’re being nit picky, they were 450 vehicles shy of meeting their delivery goal, but with these type of numbers, it was a victory none the less:

A far as production Tesla was able to achieve a whopping 24% increase quarter-to-quarter and 71% increase year-over-year. When looking at deliveries, Tesla achieved a 30% increase quarter-to-quarter and 61% increase year-over-year. Incredible growth in the unstable market we saw during the majority of 2020.

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