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Totally immune to the crisis, Tesla sees its sales and profits soar

2020-10-22T17:13:14.950Z


The manufacturer aims to sell 500,000 cars in 2020, a third more than in 2019.Washington correspondent Tesla continues to surprise the most skeptical. The American electric car pioneer has just announced its fifth consecutive quarter of profits. More significant still: while car sales in the world all brands combined are set to plunge this year by some 22%, the Californian manufacturer considers itself on the way to increasing its sales by 36%. Its atypical boss, Elon Mus


Washington correspondent

Tesla continues to surprise the most skeptical.

The American electric car pioneer has just announced its fifth consecutive quarter of profits.

More significant still: while car sales in the world all brands combined are set to plunge this year by some 22%, the Californian manufacturer considers itself on the way to increasing its sales by 36%.

Its atypical boss, Elon Musk, maintains the ambitious objective of selling 500,000 vehicles in 2020. This would require Tesla to push its performance to sell 181,000 vehicles in the fourth quarter.

This represents an increase of 30% compared to the previous quarter.

The leap will be difficult to achieve without

"further improvements in logistics and efficiency in higher volume deliveries,"

admits Elon Musk.

Read also:

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Source: lefigaro

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