Tesla February delivery numbers were strong, pointing to promising Q1 report impacted by coronavirus

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With the global economic shutdown happening right now due to the outbreak of COVID-19, Tesla Q1 2020 delivery estimates have been revised by some analysts, like Credit Suisse, to between 75,000 and 80,000 vehicles.

Based on recent numbers published by EV Sales showing a strong month of sales in February, those revised estimates could easily be met despite the slowdown over the second half of March.

The Model 3 led the way in global EV sales with an estimated 13,661 units sold in February 2020. That brought the year to date total to an estimated 22,983 units. Add in sales of the Model S, Model X, and new Model Y, and total deliveries for the first three months of 2020 should be at least 75,000.

The Nissan Leaf was the second most popular EV in the month of February, with 6,739 units sold in February. The Renault Zoe was in a close third, with 6,495 sales, enough to put the automaker into second place for year to date sales (16,316) behind Tesla.

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Looking at EV brands overall, Tesla saw a 25% rise in sales which allowed it to claim 10% of the entire market share in year to date sales. BMW, which saw a large drop in sales from 12,976 units in January to 8,431 units in February, was in second place behind Tesla.

Volkswagen took the third spot, with the e-Golf seeing a rise in sales that took the EV from 8th place to 4th place in sales.

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About Mike Flemming 784 Articles
Senior Contributor. White Long Range AWD Model 3 owner since October 2018. EV fan since 2012 with my first Nissan Leaf | Mike@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca