The big picture: Tesla has again managed to set a new single-quarter vehicle production and delivery record despite the ongoing pandemic and resulting component shortages. The automaker came dangerously close to delivering a million vehicles for the entire year, but narrowly missed the mark. 2022 by the year when will Tesla finally cross the threshold?
In the fourth quarter of 2021, Tesla produced 13,109 Model S and Model X vehicles as well as 292,731 Model 3 and Model Y variants for a total of 305,840 vehicles. This represents an increase of 28.6% from the 237,823 electric vehicles that rolled off the assembly line in the third quarter.
Deliveries in Q4 totaled 308,600 units, of which 296,850 were either Model 3 or Model Y variants. The remaining 11,750 were Model S or Model X electric vehicles.
For the full year, Tesla produced 930,422 vehicles and delivered 936,172 cars and SUVs. A vehicle is not marked as delivered until it is transferred to its owner and all documents are correct.
Tesla’s share value rose more than nine percent on the day. At the time of writing, a single stock is trading for $ 1,153.30.
Tesla has made great strides in 2021 and is poised to continue that trend this year. In October, the company announced it was moving its headquarters from California to Austin, Texas. The electric vehicle maker’s pickup, the Cybertruck, is slated to go into production by the end of the year and will pave the way for the second-generation Roadster in 2023.
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