Tesla is an innovative electric vehicle brand loved by consumers all over the globe, however this love still hasn’t necessarily assured success as they’ve struggled to meet their goals and most of their sales numbers over the past couple of years.
But finally, some good news for Tesla, as they boasted a record number of deliveries in the most recent quarter, a record that puts them at 95,200 deliveries, which is over the mark they set in last year’s final quarter.
What Drove Tesla’s Sales Success
Tesla was finally able to have a full quarter selling the Model 3 in Europe and China, which no doubt helped fuel this growth. Combined with the ability to finally purchase a $35,000 model 3 sedan and it’s a recipe for success. Additionally, with more news and offerings around Tesla lease specials, they were able to grab additional business there as well.
Not All Good News
Tesla recently said in a statement that new orders had exceeded deliveries in the second quarter, which does put them in a good position to increase production and deliveries in the third quarter. But in the past, meeting production goals has been an issue. With that said, we will see what the results are next quarter- If they continue to be strong, perhaps Tesla will be able to reach their goal of selling 360,000 to 400,000 cars this year.
It won’t be easy though, as they have delivered just over 158,000 in the first six months of 2019, which is a bit off from the 180,000 units they needed to sell in the first six months to meet the low end of their goal.
However, meeting the number of 360,000 unit sales this year doesn’t seem impossible, especially if they can keep up the positive sales numbers along with production goals.