Tesla Inc (NASDAQ: TSLA) this morning oddly released its production and delivery figures for the fourth quarter and full year of 2021. The numbers, despite the firms critics, was a substantial year over year improvement for the fourth quarter of 2020.
For the quarter, the firm delivered 11,750 Model S/X vehicles, while 296,850 Model 3/Y vehicles were delivered, for total deliveries of 308,600. This compares to 18,920 Model S/X, and 161,660 Model 3/Y in the fourth quarter of 2020. Analysts for the quarter had generally expected deliveries between 280,000 to 295,000 for the quarter.
For the full fiscal year, the firm delivered a total of 936,172 vehicles, which consisted of 24,964 Model S/X, and 911,208 Model 3/Y. In the prior year the firm delivered 57,039 Model S/X and 442,511 Model 3/Y, for total deliveries of 499,550 vehicles, meaning 2021 represents a significant 87% increase in vehicle deliveries.
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Full results from the quarter are to be released at a later date.
Tesla last traded at $1,056.78 on the Nasdaq.
Information for this briefing was found via Tesla. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
