Tesla Annual Sales To Hit 500,000 In 2020?
Motley Fool has assembled this chart, which shows projected Tesla annual sales volume worldwide.
As the chart clearly shows, Tesla sales will explode once Gen 3 hits the market. Few dispute this looming sales explosion.
What we’re not so sure of is the timeline. We predict Gen 3 won’t launch until late 2017 or early 2018. Gen 3 derivatives (convertible, crossover, sports car) likely won’t arrive until the Tesla Model S gets its redesign. Missing from the chart in the second-generation Tesla Roadster, which we think will arrive in 2022.
The specifics of the chart don’t matter all that much. We’re inclined to agree that as long as Gen 3 arrives by 2018 or so at the price point that’s been promised ($40,000-ish), then 500,000 units sold in 2020 seems achievable to us. Sure, it’s a lofty mark and a long ways off, but if anyone can do it, it’s Tesla who will get it done.
Source: Motley Fool