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2021-01-29

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Tesla Guides for 50% Growth in Deliveries

Elon Musk automaker reports first annual profit, though fourth-quarter earnings miss expectations.Tesla Inc -Get Report said it sees deliveries growing at least 50% in 2021, while it reported fourth-quarter earnings below estimates after the bell Thursday.Tesla didn't provide specific deliveries guidance for 2021, but said it expects 50% average annual deliveries growth "over a multi-year horizon." The company added that "In some years we may grow faster, which we expect to be the case in 2021

Tesla Guides for 50% Growth in Deliveries

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The China operation contributed&nbsp; nearly a third of Tesla’s&nbsp; deliveries in 2020. The plant is being expanded and has begun manufacturing Tesla’s Model Y SUV.</p>\n<p>The Model Y is expected to become the company’s best selling vehicle by 2022.&nbsp;Total deliveries of all vehicles are expected to surpass 1 million in 2022, according to Bloomberg.</p>\n<p>The company's electric pickup truck is expected to begin deliveries in the second half of 2021. Tesla said its semi truck will also begin delivery in 2021 and that&nbsp;it expects production to begin at its new gigafactories currently under construction in Austin, Texas and Berlin.</p>\n<p>Tesla's success in electric vehicles has drawn a slew of wannabe competitors including Nikola&nbsp;(<b>NKLA</b>) -Get Report, Hyliion HYLN and Lordstown Motors&nbsp;(<b>RIDE</b>) -Get Report. Shares of those three all surged Tuesday morning after President Joe Biden said he wants the federal government to eventually shift to all-electric vehicles. 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The China operation contributed  nearly a third of Tesla’s  deliveries in 2020. The plant is being expanded and has begun manufacturing Tesla’s Model Y SUV.\nThe Model Y is expected to become the company’s best selling vehicle by 2022. Total deliveries of all vehicles are expected to surpass 1 million in 2022, according to Bloomberg.\nThe company's electric pickup truck is expected to begin deliveries in the second half of 2021. Tesla said its semi truck will also begin delivery in 2021 and that it expects production to begin at its new gigafactories currently under construction in Austin, Texas and Berlin.\nTesla's success in electric vehicles has drawn a slew of wannabe competitors including Nikola (NKLA) -Get Report, Hyliion HYLN and Lordstown Motors (RIDE) -Get Report. Shares of those three all surged Tuesday morning after President Joe Biden said he wants the federal government to eventually shift to all-electric vehicles. While Nikola shares gained 11.47% on the day, the other two stocks fell along with the broader market to end  lower.\nShares of Tesla fell $40, or 4.6%, to $824.16 in after-hours trading. In the regular session, the stock fell 2.1% amid a broad market selloff that saw the Dow Industrials lose more than 600 points.","news_type":1},"isVote":1,"tweetType":1,"viewCount":567,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":3425135,"commentId":"3425135","gmtCreate":1611887579896,"gmtModify":1611887579896,"authorId":3527667803686145,"author":{"id":3527667803686145,"idStr":"3527667803686145","authorId":3527667803686145,"name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":318457433,"objectIdStr":"318457433","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}

Tesla Guides for 50% Growth in Deliveries

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