Tesla Is on Pace to Hit Its Full-Year Delivery Guidance

Going into 2019, Tesla's (NASDAQ: TSLA) guidance for deliveries to increase 45% to 65% year over year in 2019 may have seemed unrealistic to some investors. After all, the automaker is up against a tough comparison. Vehicle deliveries soared 138% year over year in 2018. Furthermore, there were doubts at the beginning of the year about Tesla's ability to sustain Model 3 delivery volumes seen in the second half of 2018.

But Tesla has defied skeptics and is squarely on pace to deliver the 360,000 vehicles needed to hit the low end of the initial guidance range it laid out for the year.

Image source: Tesla.

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Source Fool.com