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.
Musk said he wants to increase Tesla’s car sales to 20 million a year over the next nine years. In pursuit of this growth, Tesla is poised to begin production of the Model Y crossover at its new plant in Austin, Texas this year. It aims to open another plant in St. Brandenburg, Germany, after that.
The company recently moved to Texas. The CEO announced the plan in October and Tesla unveiled it in early December.
Musk tweeted last month, where he has about 68.4 million followers, “Giga Texas is a $ 10 billion investment over time, creating at least 20,000 direct and 100,000 indirect jobs.” Tesla plans to spend $ 1.6 billion on a plant in Austin, Texas in its first phase, which is now underway, according to public filings.
Despite progress and ambition in Texas, Tesla has postponed plans to start high-volume production of its Cybertruck, a decidedly angular pickup, until 2023. Semi and a revamped roadster are still in development.
The company currently dominates battery electric vehicle sales in the United States and most of the world. But it is expected to lose overall market share as competitors roll out their own all-electric models.
For instance, Toyota told investors it will invest $ 35 billion to build 30 battery-powered electric vehicles by 2030. Rivian recently began shipping its electric pickup trucks and SUVs. And Ford stopped booking its F-150 Lightning electric pickup after receiving 200,000 orders.
Tesla’s sales are expected to continue to grow in line with overall demand for electric vehicles, driven in part by climate regulation.
In hopes of reducing vehicle air pollution, states, including California and New York, are following in the footsteps of several European countries and cities by setting a date by which they will ban the sale of most gas-powered vehicles.
Alix Partners predicts that by 2030, about 24% of new cars sold worldwide will be fully electric.
–Jessica Burshtynski and Jordan Novet of CNBC provided the coverage.