Austin, Texas – Tesla said it delivered a record 936,000 vehicles last year, an 87% increase from the number of deliveries in 2020.
The electric car company announced its fourth-quarter production and delivery results on Sunday, well before it planned to report sales data for the same period from October to December.
The Austin, Texas-based automaker said it delivered 308,600 cars in the last quarter of 2021, which is also the company’s record and thousands of cars more than Wall Street analysts expected.
Daniel Ives, an analyst at Wedbush Securities, said that these figures are “shocking” given the continuing global chip shortage affecting the automotive industry. Ives said that the growing demand from Chinese car buyers and the broader enthusiasm for electric vehicles may have driven production growth.
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