Tesla has shown incredible success again, delivering a record 241,300 vehicles in Q3 2021, demonstrating 73% YoY growth and surpassing even the company's bulls’ forecasts. Despite some obstacles, mainly related to the supply chain, the manufacturer has reached impressive new heights.
On October 2, Tesla announced Q3 2021 delivery data from Austin, Texas that significantly exceed the Wall Street consensus at 222,000. With 241,300 vehicles delivered, Tesla exceeded expectations by a very impressive 19,300 units. Tesla teams have done an excellent job of handling the growing production ramp-up, as well as tackling the challenges of the global supply chain and logistics, producing and delivering vehicles quickly and efficiently around the world.
At the moment, the semiconductor shortage problem remains worldwide, which has a significant impact on all car manufacturers. The Tesla team was able to negotiate with suppliers to obtain critical components for their vehicles. In addition, despite large congestions at ports globally, the company has demonstrated excellent logistics quality, delivering hundreds of thousands of vehicles to customers in no time. This ability of Tesla also underlines that the manufacturer is adept at handling many challenges that others cannot.
Tesla delivered 241,300 vehicles in Q3 2021, of which 232,025 were Model 3/Y and 9,275 were Model S/X.
Tesla produced 237,823 vehicles in Q3 2021, of which 228,882 were Model 3/Y and 8,941 Model S/X.
© 2021, Eva Fox | Tesmanian. All rights reserved.
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Article edited by @SmokeyShorts, you can follow him on Twitter