Tesla increases the production of electric vehicles

In the first quarter of 2020, the performance of the concern Elon Musk Tesla became the highest compared to the same period of all past years.

Despite the negative impact of the coronavirus pandemic on the global economy, the American manufacturer of electric vehicles Tesla in the first quarter of 2020 managed to produce even more cars than planned, namely: 102 672. According to Friday, April 3, the German online publication heise.de, production Tesla’s performance in the first quarter of 2020 was its highest compared to the same period of all past years.

At the same time, the Tesla plant in Shanghai, according to the concern itself, showed a record level of production, despite adverse conditions.

Sales are growing too

As for the level of sales, according to the automaker himself, from January 1 to March 31 2020, it managed to sell 88,400 electric vehicles. For comparison: in the first quarter of 2019, 63,000 cars were sold.

After representatives of the concern announced an increase in their production indicators on April 2, Tesla’s shares rose in price by 10 percent. The electric car, the most often off the assembly line in the first quarter of 2020, was Model 3, with which Tesla expects to conquer the mass market. In the first three months of 2020, 87,282 of these cars were assembled.

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Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor
Flyn Braun

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