A Model Y electric hatchback recharging at a Tesla supercharger station at the European Energy Forum campus in Berlin.Tesla, the fastest-growing U.S. automaker, reported record deliveries of its electric vehicles in 2021’s final quarter and its best-ever total sales volume, getting 936,172 of its namesake cars and crossovers to global customers.
The company doesn’t break down its sales by region, but China has been key to its accelerating volume growth, both in deliveries to customers there and as an export base to Europe and other markets. The quarterly delivery tally, up about 70% from a year ago, beat expectations of equity analysts including Deutsche Bank’s Emmanuel Rosner, who estimated deliveries would reach 282,000 units. Tesla’s full-year deliveries rose 87% from 2021.
Though the company fell just short of delivering 1 million vehicles last year, CEO Elon Musk has said he thinks Tesla can sell 20 million EVs annually by the end of the decade. That would be unprecedented since the world’s biggest automakers, including Toyota and Volkswagen, only sell about 10 million units worldwide annually.
“Musk & Co. have navigated the chip supply shortages better than any automaker globally over the last six months, which is why Tesla is in a clear position of strength heading into 2022 with an inflection point year ahead,” Dan Ives, an equity analyst with Wedbush, said in a research note last week in which he raised his target price on the shares to as much as $1800.
Tesla also recalled EVs from 2017-2021. 900k minus millions already pedaled = ?
Share for the good cause
And recalled 400K of them
Didn’t they just recall 75% of those cars?
Didn’t they just recall half a million of them? Bahahhahaha. Golf carts that ugly duck faced car.
That's great - if only Tesla could deliver a universal charging adapter, like the USB of electric cars, so that the US could finally get over the hurdle and seriously consider them a real option for regular people and families. (elonmusk - come on man, you did this for the EU)
Why are Teslas so expensive? Because they charge a lot
minus the recalls, how many?
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