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Tesla TSLA Q4 2021 vehicle delivery and production numbers

A parking zone of predominantly new Tesla Mannequin 3 electrical autos is seen in Richmond, California, U.S. June 22, 2018.

Stephen Lam | Reuters

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

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

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

In accordance with a consensus compiled by FactSet, Wall Avenue 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 automotive firm.

Tesla combines supply numbers for its higher-priced Mannequin S and X autos, and lower-priced Mannequin 3 and Y autos. The corporate doesn’t get away gross sales or manufacturing numbers by area.

Learn extra about electrical autos from CNBC Professional

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

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

Shrugging off shortages

At Tesla’s 2021 annual shareholder meeting, 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 improve car deliveries by ramping up manufacturing at its first abroad manufacturing facility in Shanghai, and by making technical modifications to the vehicles that it produces in Fremont, California, in order that it might ditch some components altogether.

Notably, Tesla introduced in Might that it was removing radar sensors from Mannequin 3 and Mannequin Y autos constructed for patrons in North America. These vehicles now depend on a camera-based system to allow Tesla’s driver help options comparable to traffic-adjusted cruise management or automated lane-keeping.

Trying forward

Final month, Musk wrote on Twitter, the place he has about 68.4 million followers, “Giga Texas is a $10B+ funding over time, producing not less than 20k direct & 100k oblique jobs.” In accordance with public filings, Tesla plans to spend $1.6 billion on the Austin, Texas, manufacturing facility in its first section now underway.

Regardless of progress and ambitions in Texas, Tesla has delayed plans to start out 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.

Business outlook

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

For instance, Toyota has advised traders it is going to invest $35 billion to convey 30 battery-electric autos out by 2030. Rivian lately began 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 total electrical car 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 nations and cities, by setting a date by which they may ban gross sales of most gas-powered autos.

By 2030, about 24% of recent autos bought worldwide are more likely to be totally electrical, based on forecasts from Alix Companions.

CNBC’s Jessica Bursztynsky and Jordan Novet contributed reporting.

CORRECTION: This text has been up to date to point out that Tesla makes Mannequin 3 and Mannequin Y autos at its manufacturing facility in Shanghai and in Fremont, California, however solely produces the Mannequin X and Y in Fremont.

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