(Boursier.com) – You’re here ignited 13.5% to finish at $ 1,199.78 Monday on Wall Street, for a market capitalization of $ 1.2 trillion! The group posted an impressive performance in the last quarter of 2021. In the fourth quarter, Elon Musk’s group has produced over 305,000 vehicles and delivered over 308,000 vehicles. The Model 3 and Y represent 292,731 units produced and 296,850 vehicles delivered. The Model S and X account for 13,109 units produced and 11,750 deliveries. In 2021, the group delivered more than 936,000 vehicles, 936,172 to be precise, and produced 930,422 units. “Thank you to all our customers, employees, suppliers, shareholders and supporters who helped us have a great year,” comments the group now based in Austin, Texas.
“Our net income and cash flow will be announced along with the rest of our financial performance when we release our fourth quarter results,” adds Tesla. “Our number of deliveries should be considered slightly conservative, as we only count a car as delivered if it is handed over to the customer and all paperwork is correct. Final numbers may vary by up to 0.5% or more. Tesla vehicle deliveries are only a measure of the company’s financial performance and should not be taken as an indicator of quarterly financial results, which depend on various factors including cost of sales, currency movements and the combination of directly leased vehicles “, specifies the manufacturer of electric cars.
Thereby, You’re here recorded, despite shortages, historic quarterly deliveries that clearly exceeded market expectations. The manufacturer has stepped up production in China despite the global shortage of semiconductors. Quarterly deliveries, at 308,600 vehicles, should be compared with a consensus of around 263,000 vehicles. Tesla thus aligns its sixth consecutive quarter of record deliveries. Quarterly shipments jump about 70% year-on-year and nearly 30% from the third quarter of 2021. Tesla has ramped up Chinese production, despite regulatory pressure and the global chip shortage. Over the year, deliveries rose 87% to 936,172 units.
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