The US electric car manufacturer Tesla produced and delivered more cars than ever in the last quarter of 2020, the company said in a statement.
Tesla topped its previous high, recorded in the third quarter, by a significant margin: in the last quarter, it delivered 180,570 vehicles, versus just under 140,000 in the one before.
As a whole, the California-based company was able to increase deliveries by 36%, to 499,550 cars – nearly meeting its self-determined goal of delivering half-a-million vehicles.
2020 was an extraordinary year for Tesla and chief executive officer Elon Musk, who became one of the richest men in the world at age 49 thanks to soaring share prices.
Tesla’s stock market value rose by more than 700% in 2020, to just under US$670 billion.
The stock climbed almost ninefold in 2020, lifting the electric car maker’s market cap from $76 billion at the beginning of the year to $670 billion.
Despite initial factory closures due to the pandemic, Tesla bounced back to deliver a record number of vehicles in the third quarter.
In December, Tesla became the largest-ever addition to the S&P 500, joining the index with the fifth-heftiest weighting after turning in five straight profitable quarters.
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