Tesla (TSLA) blows past consensus estimates in Q4 2021, ending the year with 936,000 deliveries in 2021

Tesla has released their Q4 2021 production and delivery numbers, and has once again set new records in all areas.

With a strong finish to the year, the automaker was also able to set a new annual delivery record, smashing the previous record set in 2020.

Q4 2021 Production & Deliveries

In a press release this morning, Tesla said it was able to manufacture 305,840 units in the fourth quarter.

Of that, 292,731 were Model 3 and Model Y vehicles, while the Model S and Model X accounted for 13,109 units.

More importantly, Tesla was able to deliver 308,600 cars around the world from October to December.

That absolutely smashes consensus estimates, which ranged from 266,000 to 276,900 units.

Production Deliveries Subject to operating lease accounting
Model S/X 13,109 11,750 17%
Model 3/Y 292,731 296,850 5%
Total 305,840 308,600 5%

2021 Production and Deliveries

Thanks to an impressive production ramp at Giga Shanghai, Tesla delivered 936,172 cars in 2021.

That again smashed the previous record set last year where Tesla delivered 499,657 cars, an increase of more than 87%.

Production Deliveries
Model S/X 24,390 24,964
Model 3/Y 906,032 911,208
Total 930,422 936,172

Tesla said in the press release:

In the fourth quarter, we achieved production of more than 305,000 vehicles and deliveries of over 308,000 vehicles. In 2021, we delivered over 936,000 vehicles.

Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great year.

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