Tesla experienced a 109% growth this first quarter after delivering nearly 185,000 vehicles, beating Wall Street consensus estimates. With these results, Loup Ventures believes the company is now entering the slope of its growth S-Curve, signaled by Tesla’s acceleration in growth.
Loup Ventures noted that Tesla’s delivery growth has gone from 23% in December 2019 to 109% in March 2021, a significant increase over the past six quarters. The firm elaborated that an acceleration in growth, while a company is growing its base, is rare–making Tesla’s rise noteworthy.
“In plain English, something bigger is going on, which we believe is the combination of consumer readiness for EVs, along with Tesla’s value proposition,” wrote Loup Ventures’ Gene Munster and David Stokman in a report.
In January, Loup Ventures observed that demand for Tesla cars was rapidly accelerating. Tesla’s deliveries were up 61% year-over-year in December 2020 compared to 44% in September 2020 and 23% in December 2019.
The venture capital firm forecasted that Gigafactory Texas and Giga Berlin would hold the key to Tesla’s accelerating demand. Based on Tesla China’s contributions in the first quarter, Loup Ventures’ prediction seems to be accurate.
The Model 3 and Model Y made up 89% of the Tesla’s total deliveries in December 2020. In this recent first quarter, the Model Y’s success in China contributed to Tesla’s impressive delivery report. Loup Ventures pointed out that the SUV category remains untouched for Tesla as it represents about 40% of the global passenger car market.
Disclaimer: I am hold TSLA stock.
The Teslarati team would appreciate hearing from you. If you have any tips, email us at [email protected] or reach out to me at [email protected].
buy lasuna generic – purchase himcolin for sale himcolin over the counter
purchase besifloxacin online – besivance price purchase sildamax online cheap
cheap neurontin 100mg – order ibuprofen without prescription azulfidine over the counter
benemid online – carbamazepine 200mg over the counter buy tegretol generic
buy colospa paypal – order colospa 135mg without prescription buy cilostazol 100 mg online cheap
voltaren 100mg brand – aspirin 75 mg price buy cheap generic aspirin
buy rumalaya – shallaki over the counter generic endep 50mg
buy mestinon 60 mg without prescription – buy imuran for sale how to buy imuran
buy voveran for sale – isosorbide 40mg without prescription nimotop pills
buy cheap lioresal – order feldene 20 mg for sale buy feldene 20 mg generic
buy mobic for sale – maxalt without prescription where to buy toradol without a prescription
purchase cyproheptadine pill – buy zanaflex pill buy tizanidine generic
buy artane pills – where can i purchase emulgel buy emulgel sale
cefdinir 300mg tablet – order cefdinir 300 mg generic how to buy cleocin
order deltasone 20mg – order omnacortil 5mg online order permethrin sale
order acticin generic – benzoyl peroxide drug tretinoin without prescription
betnovate ca – buy betnovate sale buy generic benoquin for sale
order metronidazole 400mg without prescription – buy metronidazole 200mg buy cenforce 50mg generic
purchase amoxiclav for sale – augmentin 625mg generic levothroid pill
clindamycin ca – cost indocin indocin 75mg uk
cozaar 25mg oral – order cephalexin 250mg for sale keflex ca
buy crotamiton without a prescription – order eurax order aczone for sale
order generic modafinil 100mg – meloset pills order meloset sale
bupropion generic – buy ayurslim pills order generic shuddha guggulu
capecitabine 500 mg for sale – generic capecitabine 500mg danocrine us
buy prometrium 100mg for sale – clomiphene cheap buy fertomid generic
buy fosamax 35mg online – order generic fosamax brand provera 5mg
purchase aygestin online cheap – yasmin online buy yasmin order
dostinex 0.5mg sale – buy dostinex 0.5mg online cheap order alesse sale