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home / news releases / CARZ - Tesla Finally Almost Hit 500000 Deliveries 2 Years Behind Its Promise For A Global Market Share Of... 0.7%

CARZ - Tesla Finally Almost Hit 500000 Deliveries 2 Years Behind Its Promise For A Global Market Share Of... 0.7%

First Trust NASDAQ Global Auto Index Fund
  • The 500,000 in deliveries globally is a big number for Tesla. But it's a minuscule number in the overall global auto market, which, in 2020, is estimated at 73 million deliveries.
  • The company doesn't even rank in the top 20 automakers. Someday, Tesla might achieve a global market share of 1%.
  • Tesla did accomplish a huge feat, however: It shook up the legacy automakers and got them to take EVs seriously.

For further details see:

Tesla Finally Almost Hit 500,000 Deliveries, 2 Years Behind Its Promise, For A Global Market Share Of... 0.7%
Stock Information
Company Name: First Trust NASDAQ Global Auto Index Fund
Stock Symbol: CARZ
Market: NASDAQ
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