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World NewsTesla TSLA Q4 2021 vehicle delivery and production numbers

Tesla TSLA Q4 2021 vehicle delivery and production numbers

A car parking zone of predominantly new Tesla Model 3 electrical autos is seen in Richmond, California, U.S. June 22, 2018.

Stephen Lam | Reuters

Tesla on Sunday mentioned it delivered 308,600 electrical autos within the fourth quarter of 2021, beating its earlier single-quarter report in addition to analysts’ expectations. The automaker produced 305,840 absolutely electrical autos whole throughout the identical interval.

For the total 12 months, Tesla delivered 936,172 vehicles, an 87% enhance versus 2020 when it reported its first annual revenue on deliveries of 499,647.

In the third quarter of 2021, vehicle deliveries reached 241,300, Tesla’s earlier greatest quarter.

According to a consensus compiled by FactSet, Wall Street analysts had anticipated Tesla deliveries of 267,000 within the fourth quarter and 897,000 for all of 2021.

Deliveries are the closest approximation of gross sales reported by CEO Elon Musk’s electrical automobile firm.

Tesla combines delivery numbers for its higher-priced Model S and X autos, and lower-priced Model 3 and Y autos. The firm doesn’t get away gross sales or production numbers by area.

Deliveries of its flagship Model S sedan and Model X falcon wing SUV represented just below 3% of Tesla’s whole deliveries in 2021. Model 3 and Model Y deliveries amounted to 296,850 within the remaining quarter of 2021, and 911,208 for the total 12 months.

Tesla makes Model 3 and Model Y autos at its manufacturing unit in Shanghai and in Fremont, California, however solely produces the Model X and S in Fremont.

Shrugging off shortages

At Tesla’s 2021 annual shareholder meeting, Musk bemoaned a 12 months marked by provide chain issues that made it tough to acquire sufficient microchips and different unspecified components.

Throughout the second 12 months of a world coronavirus pandemic, Tesla was capable of enhance vehicle deliveries by ramping up production at its first abroad manufacturing unit in Shanghai, and by making technical adjustments to the vehicles that it produces in Fremont, California, in order that it might ditch some components altogether.

Notably, Tesla introduced in May that it was eradicating radar sensors from Model 3 and Model Y autos constructed for purchasers in North America. Those vehicles now depend on a camera-based system to allow Tesla’s driver help options similar to traffic-adjusted cruise management or automated lane-keeping.

Looking forward

Industry outlook

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