Tesla TSLA May Deliver 285k Cars in Q4 2021 According to RBC Capital Markets

Tesla TSLA May Deliver 285k Cars in Q4 2021 According to RBC Capital Markets

Tesla's fourth-quarter deliveries could exceed the Visible Alpha consensus. RBC Capital Markets expects them to rise 58% over the same period last year to reach 285,000 units.

RBC Capital Markets expects electric vehicle maker Tesla (NASDAQ: TSLA) to deliver 285,000 units in Q4 2021. This is higher than the Visible Alpha consensus of about 265,700 units, the company announced on Tuesday evening. As such, RBC Capital's new forecast represents an increase of 18% over Q3 2021 and 58% over Q4 2020. The company previously expected Tesla to deliver 262,500 vehicles in Q4 2021.

RBC Capital expects Tesla to deliver 273,000 Model 3 and Model Y vehicles and 12,500 Model S and Model X vehicles. Of the total vehicles, 107,500 units will be delivered in the U.S., 100,000 in China and 59,000 in Europe.

RBC Capital gave a forecast for 2022 as well. Tesla is expected to maintain its high medium-term growth forecast of around 50%. The firm clarified that the projections for the manufacturer are more about capacity expansion and supply rates than demand.

© 2021, Eva Fox | Tesmanian. All rights reserved.


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Eva Fox holds zero shares of Tesla, Inc., and currently (at the time of this article's publishing) holds zero options or securities in Tesla Inc. and/or its affiliates.

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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