Tesla TSLA Q4 2021 vehicle delivery and production numbers

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

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

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

Based on a consensus compiled by FactSet, Wall Road 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 supply numbers for its higher-priced Mannequin S and X automobiles, and lower-priced Mannequin 3 and Y automobiles. The corporate doesn’t get away gross sales or manufacturing numbers by area.

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

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

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

All through the second 12 months of a worldwide coronavirus pandemic, Tesla was capable of enhance automobile deliveries by ramping up manufacturing at its first abroad manufacturing unit in Shanghai, and by making technical modifications to the vehicles that it produces in Fremont, California, in order that it may ditch some components altogether.

Notably, Tesla introduced in Might that it was eradicating radar sensors from Mannequin 3 and Mannequin Y automobiles constructed for patrons in North America. These 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.

Musk has proclaimed that he needs to extend Tesla’s automobile gross sales quantity to twenty million yearly over the subsequent 9 years. In pursuit of that progress, Tesla is poised to begin manufacturing of the Mannequin Y crossover at its new manufacturing unit in Austin, Texas, this 12 months. It goals to open one other manufacturing unit in Brandenburg, Germany, after that.

The corporate not too long ago moved its headquarters to Texas. The CEO introduced the plan in October, and Tesla made it official in early December.

Final month, Musk wrote on Twitter, the place he has about 68.4 million followers, “Giga Texas is a $10B+ funding over time, producing at the very least 20k direct & 100k oblique jobs.” Based on public filings, Tesla plans to spend $1.6 billion on the Austin, Texas, manufacturing unit in its first part now underway.

Regardless of progress and ambitions in Texas, Tesla has delayed plans to begin high-volume manufacturing of its Cybertruck, a distinctly angular pickup, till 2023. The corporate’s Semi and revamped Roadster are nonetheless within the works, too.

The corporate now dominates battery electrical automobile gross sales within the U.S. and far of the world. However it’s anticipated to lose general market share as rivals convey out absolutely electrical fashions of their very own.

For instance, Toyota has informed traders it can make investments $35 billion to convey 30 battery-electric automobiles out by 2030. Rivian not too long ago started deliveries of its battery-electric pick-up and SUV. And Ford stopped taking reservations for its F-150 Lightning electrical pickup truck after receiving 200,000 orders.

Tesla’s gross sales are nonetheless anticipated to rise with general electrical automobile demand, which is partly pushed by local weather regulation.

Hoping to slash air air pollution from transportation, states together with California and New York, are following within the footsteps of a number of European international locations and cities, by setting a date by which they are going to ban gross sales of most gas-powered automobiles.

By 2030, about 24% of recent automobiles offered worldwide are prone to be absolutely electrical, based on forecasts from Alix Companions.

—CNBC’s Jessica Bursztynsky and Jordan Novet contributed reporting.