Tesla motors have finished the Year 2020 on a high, closing the fourth quarter at a whopping $10 Billion.
The figure accumulates an impressive performance for the electric-car company, raking in 46 percent increase in profits, credits to sales and delivery of over 500,000 cars a past year, hunting down its previous record of 36 percent. “2020, it was quite a year for us on many levels. Despite a challenging environment, we reached an important milestone producing and delivering half a million cars.” As stated by tesla’s executive Zachary Kirkhorn during earnings revealing interview with reporters.
Apart from vehicle production and sales, the company’s CEO, Elon Musk, has also expressed interest in distributing its software with other businesses, especially its autopilot feature. Speaking about a potential licensing of Tesla’s world-class features, Elon musk said, “I think we’re very open to licensing our software to third parties; we’ve had some preliminary discussions about licensing autopilots to other OEMs. So, it was something we’re more than happy to do.”
Entering into 2021, Tesla is hoping to begin rolling out its reprised Model S and X soon, as well as the Tesla Semi, though heavy production for that model will most likely begin in 2022.
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