Tesla: delivery of vehicles in the third quarter of 2020 may be a record.

Published: Sep 22, 2020 08:21 (GMT+8)

SMM: a few days ago, overseas media exposed that the number of vehicles delivered by Tesla in the third quarter of 2020 is expected to break the previous record. The news came from the company's CEO Elon Musk's collective call email to employees, which was a direct indication of the fact that the number of deliveries in the quarter had a chance to break the record.

According to foreign media reports, part of the original text of the email read: "We have a shot at record quarter for deliveries, but we'll have to rally hard to achieve it." This is the most number of vehicles per day that we would ever hd to deliver. " The idea is that Tesla will have a chance to break the previous single-quarter delivery record, but we need to work hard to achieve it, which means employees will face the highest daily delivery volume.

Tesla's previous single-quarter delivery record appeared in the fourth quarter of 2019, with 112095 vehicles. Prior to this, Tesla set a target of delivering 500000 vehicles this year, but due to the impact of the epidemic at the beginning of the year, it is unclear whether this figure can be achieved in the future. Despite this, Tesla still produced 102672 and 82272 cars in the first and second quarter of 2020. And the brand's unique direct sales model also helps them to count the number of new car deliveries.

Editor's comments:

In early 2020, Tesla stopped work and production for a period of time due to the impact of novel coronavirus's epidemic. From April to August, with the gradual recovery of the domestic car market, we saw the recovery of Tesla Model 3 sales in the domestic market, with a total sales of 52500 vehicles. From this point of view, if this momentum is extended to the whole world and Tesla's whole car system, it seems not difficult to understand its record-breaking delivery in the third quarter of 2020. In the future, Tesla will also introduce domestic Model Y models, which may really enable them to achieve their delivery target of 500000 vehicles by the end of the year.

Scan the code and apply to join the SMM New Energy Industry Exchange Group.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[MOFCOM: 2027 Auto and Motorcycle Export License Applications]
48 mins ago
[MOFCOM: 2027 Auto and Motorcycle Export License Applications]
Read More
[MOFCOM: 2027 Auto and Motorcycle Export License Applications]
[MOFCOM: 2027 Auto and Motorcycle Export License Applications]
On September 30, the General Office of the Ministry of Commerce issued a notice on the application work for 2027 automobile and motorcycle export licenses. For the 2027 application year, the relevant work will be conducted online. Production enterprises can log in to the enterprise portal of the Ministry of Commerce’s unified business management platform, fill out the application form in the “Automobile and Motorcycle Export License Application” module, upload supporting documents, and submit them to the local competent commerce authority for review. The online application system for 2027 will open on September 30, 2026.
48 mins ago
[CAAM: Will Support Government Response to EU Unilateral Trade Tools]
52 mins ago
[CAAM: Will Support Government Response to EU Unilateral Trade Tools]
Read More
[CAAM: Will Support Government Response to EU Unilateral Trade Tools]
[CAAM: Will Support Government Response to EU Unilateral Trade Tools]
Recently, media reports said Germany and France are drafting a joint document calling on the European Commission to develop a unilateral trade instrument similar to the US “Section 301 investigation.” If introduced, such an instrument would significantly affect China’s auto, battery and other industries. The China Association of Automobile Manufacturers (CAAM) is highly concerned about this and solemnly states its position as follows: The instrument mentioned in the reports is regarded by the Chinese side as a typical protectionist and unilateral measure. Such measures will not help resolve the transformation challenges facing Europe’s auto industry itself, but will also affect China-EU economic and trade relations and disrupt the stability of global auto industrial and supply chains. If the EU insists on pushing ahead with relevant measures, CAAM will firmly support the Chinese government in taking necessary countermeasures, safeguarding the legitimate rights and interests of China’s auto industry, and upholding a fair, just and non-discriminatory international economic and trade environment.
52 mins ago
[Bethel: Q3 EMB Shipments Up; Suspension Mass Production Due in H2]
56 mins ago
[Bethel: Q3 EMB Shipments Up; Suspension Mass Production Due in H2]
Read More
[Bethel: Q3 EMB Shipments Up; Suspension Mass Production Due in H2]
[Bethel: Q3 EMB Shipments Up; Suspension Mass Production Due in H2]
On September 30, Yuan Yongbin, chairman and general manager of Bethel, said at the company’s earnings briefing held this afternoon that its suspension products have already secured multiple nomination projects from three OEMs and are expected to enter mass production in the second half of this year. After the mass production of its EMB (electro-mechanical brake) project for Li Auto, the company won another four mass-production nomination projects, and its EMB shipments in the third quarter grew notably. Based on current customer orders, the company expects its performance to achieve steady growth in the second half of this year.
56 mins ago