Tesla will deliver 500,000 electric vehicles this year, and 1 million in 2022

Tesla will deliver 500,000 electric vehicles this year, and 1 million in 2022

Tesla has set an ambitious plan to deliver 500,000 vehicles to customers this year. The head of the company, Elon Musk, has repeatedly focused the attention of employees on this goal and in every possible way informed the public that if the company did mobilize all its resources, it would be able to achieve it. Wedbush Securities analyst Dan Ives is confident that Tesla will succeed.

“Based on our preliminary analysis of fourth-quarter demand for Tesla vehicles and the global supply curve, the company could easily beat Wall Street and domestic expectations,” the analyst concluded. He believes that Tesla can ship 190-200 thousand cars in the fourth quarter, despite the fact that in order to achieve the goal of 500 thousand cars shipped, at least 180,000 cars need to be delivered to customers. That is, Tesla may overfulfill the plan, and this is quite realistic.

On these forecasts, the company’s shares are growing and reached a record high of $ 695. After the release of the delivery report, the share price will clearly go beyond the $ 700 mark. The analyst believes that with the prevailing bullish sentiment in the market, Tesla shares can easily reach the $ 1000 mark.

As for the future prospects of Tesla, the analyst has no doubts that the company will be able to double the volume of deliveries already in 2022. That is, in two years Tesla will sell more than a million electric vehicles in a year. True, this is only on condition that the company will continue to do well in China. However, given the imminent start of production of an inexpensive armored pickup Cybertruck, the opening of a German plant, entry into the Indian market, an increase in production, orders and sales of Tesla cars can be predicted without being an analyst at Wedbush Securities.

Tesla will deliver 500,000 electric vehicles this year, and 1 million in 2022

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