Tesla delivered 308,600 vehicles in Q4-2021, much higher than analysts’ forecasts of 263,026.
More Details🧐 Tesla’s Q4-2021 deliveries were up about 70% year-over-year, & nearly 30% higher from record deliveries in Q3-2021. Of Q4-2021 deliveries, 11,750 were for the Model S & X, while 296,850 were for the Model 3 & Y.
Why is this Important🤔 Tesla CEO Elon Musk said in October 2021 that Tesla will be able to maintain an annual growth rate of more than 50% for “quite a while.” Total 2021 deliveries added up to 936,000, an 87% year-over-year increase. Experts praised the company for not only receiving such high demand but also being able to meet it despite supply chain disruptions & a global shortage of computer chips.
It’s worth mentioning that last year, Tesla rewrote its own software to reduce the impact of the global chip shortage.