Tesla beats 2020 delivery estimates, falls short of Musk's target
Tesla on Saturday reported 4,99,550 vehicle deliveries during 2020, bettering Wall Street estimates of 4,81,261 vehicles, according to Refinitiv data. However, annual deliveries fell slightly short of CEO Elon Musk’s target of 5,00,000. Musk had set the target before the COVID-19 pandemic struck, and maintained it even as its only US plant was forced to shut for several weeks.