8For the full year, Tesla delivered 936,172 vehicles, up from
2020 when it reported its first annual profit on deliveries of 499,647.
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, the company said.
Q4 2021 | ||||||
| Production | Deliveries | Subject to | |||
Model S/X |
| 13,109 |
| 11,750 |
| 17% |
Model 3/Y |
| 292,731 |
| 296,850 |
| 5% |
Total |
| 305,840 |
| 308,600 |
| 5% |
2021 | ||||
|
| Production |
| Deliveries |
Model S/X |
| 24,390 |
| 24,964 |
Model 3/Y |
| 906,032 |
| 911,208 |
Total |
| 930,422 |
| 936,172 |
Tesla net income and cash flow results will be announced along with the rest of their financial performance with Q4, 2021 earnings in late January.
Delivery count should
be viewed as slightly conservative, as Tesla only counts a car as delivered if
it is transferred to the customer and all paperwork is correct.
Final numbers could vary by up to 0.5% or more. Tesla
vehicle deliveries represent only one measure of the company’s financial
performance and should not be relied on as an indicator of quarterly financial
results, which depend on a variety of factors, including the cost of sales,
foreign exchange movements.
In the third quarter of 2021, vehicle deliveries reached
241,300, Tesla's previous best quarter.
Deliveries are the closest approximation of sales reported
by CEO Elon Musk's electric car company.
Tesla combines delivery numbers for its higher-priced Model
S and X vehicles, and lower-priced Model 3 and Y vehicles. The company does not
break out sales or production numbers by region.
According to the mean of estimates compiled by FactSet, Wall Street analysts had anticipated Tesla deliveries of 267,000 in the fourth quarter. (Estimates ranged from 245,000 to 292,000.)