Tesla’s figures are expected to be even better as its Berlin Gigafactory goes online that will enable ramp-up in Tesla Model Y
Tesla delivers record number of vehicles despite semiconductor crisis
Tesla has announced its Q3 2021 earnings report revealing record deliveries of 241,300 vehicles, despite the global semiconductor crisis. This comes after CEO and co-founder Elon Musk announced to his employees that it was his craziest month of deliveries ever. Musk revealed that due to production issues and supply limitations, some deliveries were pushed back. So looking at the issues, the achievement is quite commendable. It delivered 9,275 Model S and X units in total, while the bulk of sales were driven by the more affordable Model 3 and Y units of 232,035. Production was lower in the quarter as compared to delivered vehicles as they rivaled multiple vehicles produced from Q2 to Q3.
Tesla on track to deliver over one million vehicles a year
That being said, these numbers were slightly higher than Q2’s numbers. In fact, Tesla even produced more vehicles in the quarter — 237,832 compared to 206,421 in the previous quarter. Analysts had predicted that Tesla would deliver about 222,700 vehicles, but Tesla surpassed that number by about 20,000 units.
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Importantly, Tesla has started showing a significant ramp-up in production of the Model S which is its flagship vehicle and was most recently updated in 2021. Tesla’s figures are expected to be even better thanks to the fact that its Berlin Gigafactory is going online which will enable a ramp-up in Tesla Model Y units. If that happens, Tesla is likely to have more than 1 million electric car deliveries in 2021 alone.
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