Tesla says it delivered record 936K vehicles in 2021, up 87%

A 2021 Model 3 sedan charges at a Tesla dealership in Littleton, Colo., on June 27, 2021. On Sunday, Jan. 2, 2022, Tesla said the company delivered a record 936,000 vehicles the year before, up 87% from its 2020 delivery count. Credit: AP Photo/David Zalubowski, File

Tesla delivered a record 936,000 vehicles last year, up 87% from its 2020 delivery count, the company said.

The Austin, Texas-based electric vehicle company announced its fourth-quarter production and delivery results on Sunday. The carmaker said it delivered 308,600 vehicles in the final quarter of 2021, which is also a record for the company and thousands more cars than Wall Street analysts expected.

Wedbush Securities analyst Daniel Ives says the numbers are “jaw-dropping” given the ongoing global chip shortage affecting the automotive industry. Ives says the production increase was likely boosted by growing demand from car buyers in China, as well as broader enthusiasm for electric vehicles.


Tesla reports stronger-than-expected Q3 sales


© 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Citation:
Tesla says it delivered record 936K vehicles in 2021, up 87% (2022, January 3)
retrieved 3 January 2022
from https://techxplore.com/news/2022-01-tesla-936k-vehicles.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.