Business

Tesla TSLA Q4 2021 supply and production of cars

Visitors look at a Chinese-made Tesla Model Y electric vehicle at Auto Shanghai 2021 in Shanghai, China on April 27, 2021.

Qilai Shen | Bloomberg | Getty Images

Tesla said on Sunday that it had delivered more than 308,000 electric vehicles in the fourth quarter of 2021, breaking the previous record in one quarter. In total, over the same period, the automaker produced more than 305,000 all-electric vehicles.

Tesla delivered more than 936,000 vehicles in a full year compared to 2020, when the company reported its first annual profit of 499,647 units.

In the third quarter of 2021, 241,300 vehicles were delivered, which is the best result of the previous quarter for Tesla.

The deliveries are the closest approximation to the sales reported by the CEO of the electric car company, Elon Musk.

Tesla aggregates delivery numbers for its more expensive Model S and X vehicles and cheaper Model 3 and Y vehicles. The company does not break down sales or production by region.

According to the average of estimates compiled by FactSet, Wall Street analysts expected 267,000 Tesla vehicles to be shipped in the fourth quarter. (Estimated from 245,000 to 292,000).

Getting rid of the lack

At Tesla’s 2021 AGM, Musk mourned a year marked by supply chain problems that made it difficult to get enough microchips and other unspecified parts.

During the second year of the global coronavirus pandemic, Tesla was able to increase vehicle shipments by increasing production at its first overseas plant in Shanghai and making technical changes to the cars it makes in Fremont, California, in order to phase out production. some parts in general.

Notably, Tesla announced in May that it was removal of radar sensors from Model 3 and Model Y vehicles built for customers in North America. These vehicles now rely on a camera-based system to enable Tesla’s driver assistance features such as traffic-aware cruise control or automatic lane keeping.

Look ahead

Industry Outlook


Source link

Leave a Reply

Your email address will not be published.

Back to top button