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Tesla Beats 2020 Wall Street Estimates

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Tesla EV Sales Top Wall Street Estimates                                                                                         Source:  Tesla Roadster Outperforming the Automotive Industry Despite Global Pandemic During the 2020 global pandemic, Tesla continued to accelerate its business and outperform the global automotive industry.  Tesla vehicle sales for the entire year of 2020 were far better than expected and beat Wall Street estimates.  The company delivered 499.550 vehicles, well above the estimated 481, 261 for the year.  This was just 450 vehicles short of CEO Elon Musk's ambitious plan to reach a benchmark of 500,000 vehicles delivered in 2020.  Musk tweeted he is proud of what his team ha...

Tesla & CEO Elon Musk Going Strong

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Hitting Financial and Sales Targets                                                  Source:  Tesla Rolling Out Full Self-Driving Software With Caution Tesla, the world's largest electric vehicle automaker, and CEO/founder Elon Musk are on a roll.  The company just recorded its 5th quarterly profit and it sold and delivered 139,300 vehicles in Q3 2020.  That puts it on target for selling 500,000 vehicles for the year 2020.  That is a milestone that CEO Musk has been pushing hard to achieve.  Meanwhile, Musk has just started a high stakes rollout of his Full Self-Driving (FSD) software for autonomous driving Teslas. FSD's High Stakes Beta Testing Musk has started limited beta testing of his software architecture re-write of FSD with a small group of selected Tesla customers. This new version of FSD provides more advanced...