Tesla's global deliveries rose more than 50 per cent last year, meaning the company surpassed the low end of its sales goals for 2019.
The Tesla logo on a Tesla Model S 70D in Detroit, on April 7, 2015. DETROIT -- DETROIT -- Shares of electric car maker Tesla Inc. hit a record closing price Friday after the company reported that its global deliveries rose more than 50% last year.
Tesla said it delivered a record of about 112,000 vehicles in the fourth quarter and about 367,500 for the full year. The lower-cost Model 3 accounted for 83% of the company's fourth-quarter sales at 92,550. The higher priced Model S Sedan and Model X large SUV made up the rest.But the company issued a note of caution Friday, saying that while sales figures are slightly conservative, they could vary by 0.5% or more when final numbers are out.
Tesla has posted mostly losses during its first decade as a publicly held company, and it lost $1.1 billion during the first half of last year.
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