Tesla has been one of the hottest growth stories of the decade, particularly in the automotive industry. Since its commencement, Tesla has been struggling to post green numbers on a yearly basis and lost almost $862 million in 2019, with a billion-dollar loss in 2018. However, the story seems to be turning around for good, and the electric automaker is slowly hitting its stride.
* Tesla’s CEO Elon Musk has shown his interest to enter the Indian market next year, which could be a reality, considering the growing focus on electric vehicles in India.
* Tesla aims to deliver half a million vehicles in 2020, taking advantage of its sufficiently installed capacity. The company is building Model Y capacity at its Gigafactory in Shanghai, Berlin and Texas to start the deliveries from each factory in 2021.