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Sunday, November 15, 2026Nov 15

Tesla 2019 sales hit goals, rise over 50% from previous year

In this Friday, Dec. 20, 2019, photo Neda Deylami poses for a portrait while charging her electric vehicle at a Chicago area grocery store. Owners of electric vehicles in a number of states will start seeing fees to pay for road repairs in the new year. At least eight states will begin charging new or higher registration fees Wednesday, Dec. 25, for electric vehicles or plug-in hybrids. "It's kind of a blanket penalty for anyone who chooses to go electric," said Deylami, a Tesla owner who founded Chicago for EVs, a group that advocates for electric vehicles. (AP Photo/Charles Rex Arbogast)
In this Friday, Dec. 20, 2019, photo Neda Deylami poses for a portrait while charging her electric vehicle at a Chicago area grocery store. Owners of electric vehicles in a number of states will start seeing fees to pay for road repairs in the new year. At least eight states will begin charging new or higher registration fees Wednesday, Dec. 25, for electric vehicles or plug-in hybrids. "It's kind of a blanket penalty for anyone who chooses to go electric," said Deylami, a Tesla owner who founded Chicago for EVs, a group that advocates for electric vehicles. (AP Photo/Charles Rex Arbogast)

DETROIT (AP) — Tesla’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019.

The announcement Friday pushed Tesla’s shares to a record high of $438.16 at the opening bell. The share price rose nearly 2% from Thursday’s close. The stock hit a record last week in anticipation of strong sales numbers.

The electric car maker delivered a record of about 112,000 vehicles in the fourth quarter and about 367,500 for the full year.

Tesla, based in Palo Alto, California, had earlier projected deliveries of between 360,000 and 400,000 units worldwide.

The lower-cost Model 3 accounted for 83% of the company’s fourth-quarter sales at 92,550. The higher priced Model S Sedan and Model X large SUV made up the rest.