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Despite Corona: Electric car manufacturer Tesla sets a new record

2020-10-02T15:02:47.532Z


The electric car manufacturer sold 139,000 vehicles in the third quarter. That is 44 percent more than in the previous year. The Tesla share falls anyway.


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Tesla boss Elon Musk at the presentation of the new Model Y in Shanghai in January

Photo: ALY SONG / REUTERS

While the corona pandemic is slowing the car market as a whole, Tesla continues to grow strongly.

In the third quarter of 2020, the US electric car maker sold 44 percent more cars than in the same period last year.

In total, there were 139,000 vehicles in July, August and September.

With this, Elon Musk's company set a new record.

For comparison: a year ago Tesla sold around 97,000 cars.

Tesla delivered 124,100 vehicles of the new Model Y off-road vehicle and the compact Model 3.

Even the most optimistic estimates on Wall Street hadn't assumed this figure.

Analysts at the financial data company FactSet expected a maximum of 137,000 sales.

In 2020, around 318,000 Tesla cars were sold to customers and dealers - the 500,000 mark seems possible by the end of the year.

Tesla shares fall anyway

The good sales figures, however, did not prevent the share price from falling.

Shortly before the opening of Wall Street, the share was quoted about 5.5 percent lower than the previous day.

However, the reason for this should primarily be the weak overall market - among other things as a result of the positive corona test by US President Donald Trump.

Icon: The mirror

bah / Reuters / AP / AFP

Source: spiegel

All business articles on 2020-10-02

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