The US electric car manufacturer Tesla (TSLA) announced that it has delivered totally 245.240 electric cars during last year. According to the company info, Tesla produced almost as many cars in 2018 as they did in all years together. The company published its fourth quater production info on Wednesday.
– In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per day, setting new company records for both production and deliveries.
Production in Q4 grew to 86,555 vehicles, 8% more than our prior all-time high in Q3. This included 61,394 Model 3 vehicles (in line with our guidance and 15% more than Q3) and 25,161 Model S and X vehicles, consistent with our long-term run rate of approximately 100,000 per year, the company said.
Tesla delivered the new Model 3 only in the North America, while the international deliveries in Europe and in China are expected to start in February this year.
-Our inventory levels remain the smallest in the automotive industry, and we were able to reduce vehicles in transit to customers by significantly improving our logistics system in North America, Tesla continued.
Tesla also announced that it will cut the car prises by 2000 dollars in the US markets.
– Moving beyond the success of Q4, we are taking steps to partially absorb the reduction of the federal EV tax credit (which, as of January 1st, dropped from $7,500 to $3,750). Starting today, we are reducing the price of Model S, Model X and Model 3 vehicles in
the U.S. by $2,000. Customers can apply to receive the $3,750 federal tax credit for new deliveries starting on January 1, 2019, and may also be eligible for several state and local electric vehicle and utility incentives, which range up to $4,000, the company wrote.
– Tesla’s achievements in 2018 likely represent the biggest single-year growth in the history of the automotive industry. We started the year with a delivery run rate of about 120,000 vehicles per year and ended it at more than 350,000 vehicles per year – an increase of almost 3X. As a result, we’re starting to make a tangible impact on accelerating the world to sustainable energy.
– Additionally, 2018 was the first time in decades that an American car – the Model 3 – was the best-selling premium vehicle in the U.S. for the full year, with
U.S. sales of Model 3 roughly double those of the runner up, the company said.
Tesla´s shares fell sharply during the first trading hours after the announcement, but gained slightly during the day and ended down 6,81 % to 308,88 dollars in Wall Street. The profit and sales figures for the last quarter of 2018 will be published later on, the day is not confirmed yet.