Hyperdrive

Tesla Inches Closer to 2020 Goal With Quarterly Sales Record

  • Sales beat follows Musk’s signaling new high was in reach
  • EV maker targeting sales of 500,000 cars for all of 2020
Photographer: Luke MacGregor/Bloomberg
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Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales -- making a difficult year-end sales goal slightly more attainable.

The Palo Alto, California-based carmaker delivered 139,300 cars, eclipsing its prior all-time high of 112,000 in the fourth quarter of 2019 and above the 129,950 projected by analysts surveyed by Bloomberg.