Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Tesla produced and delivered 104,891 and 112,000 vehicles respectively, setting a new record during the fourth quarter of 2019.


In 2019, the company delivered a total of 367,500 vehicles, a figure that was in line with its full-year guidance and 50pc above 2018’s delivery figures. The carmaker produced and delivered 86,958 and 92,550 units of its most popular vehicle, Model 3. It also produced 17,933 Model S/X cars and delivered 19,450 units of this model.


The company is now focusing on expanding its production in the US and China after its new Shanghai facility came online in early 2019. In less than a year of operation, the Shanghai factory has produced 1,000 saleable cars and commenced deliveries recently. Tesla’s run-rate capability has surpassed 3,000 units per week, although that does not include local battery pack production, which began in late December. 


As reported by Davis Index recently, US Congress excluded legislation from its most recent budget that would have raised the current cap of 200,000 electric vehicles (EVs) per manufacturer eligible for a $7,500 federal tax credit. Had the legislation passed, Tesla, a leader in the EV market, could have qualified for a $7,000 tax credit for each of another 400,000 EVs it produces.


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