Tesla reports record Q4 2020 revenue, announces 50 percent average annual growth in deliveries

Tesla posted its first-ever quarter doing $10 billion or more in revenue. While the earnings fell short of estimates, the […]


Tesla posted its first-ever quarter doing $10 billion or more in revenue.

While the earnings fell short of estimates, the company did eke out a sixth straight quarterly profit.

The company said it expects annual average delivery growth of 50 percent going forward.

Tesla also said it would begin producing its latest model — a crossover SUV, the Model Y — at new plants in Austin, Texas, and Brandenburg, Germany, in 2021 using the company’s own new battery cells.

Do you think Tesla’s growth streak will continue in 2021?

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