Tesla Reports 308,600 Vehicle Deliveries For Q4 2021
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.
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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
