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All news by: Steven Benjamin, Anchor Research

Tesla Excels In 2020, Forecast to Deliver Over 1Mn EVs by 2022

Electric vehicle (EV) and battery manufacturer, Tesla had an impressive 2020, with its share price soaring an unbelievable 720% for the year. This year its upward trajectory has continued with the share rising c. 20% YTD, closing at $850.45 on 20 January. In addition, Tesla delivered 499,550 EVs (+36% YoY) to customers last year, slightly below its own target of 500,000, with Wedbush expecting it to deliver 1mn plus vehicles p.a. by 2022.