Tesla Deliveries Set a Record and Extend Red-Hot Run for Shares
- 112,000 vehicles handed over in fourth quarter of 2019
- Tax incentives now dialed back in Netherlands, curbed in U.S.
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Tesla Inc. shares opened at new highs after the electric-car maker reported a new record for quarterly deliveries of 112,000 units in the final three months of 2019.
The electric-vehicle maker handed over 92,550 Model 3 and 19,450 Model S and Model X electric vehicles in the fourth quarter, according to a statement, eclipsing its previous total best of 97,000 set in the prior three months. Tesla delivered 367,500 vehicles total in all of 2019, topping the low end of its forecast for at least 360,000.