Following the completion of the third quarter of 2021, Tesla has gone ahead sharing its performance for the particular period. The electric car manufacturing company has revealed data around the number of electric vehicles (EVs) it has managed to deliver in Q3 2021.
The company has revealed that in the third quarter of 2021, it has delivered 241,300 electric vehicles. Tesla has shared the details about its deliveries with the public on Saturday, October 2, 2021.
Tesla has revealed that in the third quarter of 2021, it has achieved EV deliveries that are higher than the expectations set by the analysts. Tesla has revealed that in the third quarter of 2021, analysts had predicted the company would deliver 220,900 EVs. These estimations were collected by analysts from StreetAccount on Thursday, September 30, 2021.
Tesla has revealed that by the end of the third quarter of 2021, it had produced a total of 237,823. The company has also confirmed that out of the total vehicles it produced, 228,882 were the Model Y and Model 3 vehicles it produced in abundance. These are the mid-range and affordable electric vehicles that are offered by Tesla for EV enthusiasts.
Tesla has revealed that the rest of the electric vehicles it produced were the Model X and Model S vehicles that it produced in the third quarter of 2021. Tesla has confirmed that a total of 8,941 vehicles were the Model X and Model S vehicles, the high-end vehicles the company has produced.
Compared to the third quarter of 2021, Tesla had produced a total of 206,421 electric vehicles in the second quarter of 2021. On the other hand, Tesla delivered a total of 201,250 electric vehicles in the second quarter of 2021. In the second quarter of 2021, Tesla’s production for the Model X and Model S vehicles were lower than 2,500.
Tesla has clarified that the “delivered vehicles” it adds to the report are the ones that it hands over to the customers after the transfer of ownership. The company ensures that all the paperwork is correct and is handed over to the customers before they are counted as delivered vehicles. Tesla has confirmed that the final figures for the delivered vehicles maybe 0.5% higher than what it has reported.
Despite the figures achieved, Tesla has reported that its estimates also have the “delivery delays” and “chip shortage” included in the forecasts. Therefore, once the chip shortage and the delays are taken care of, Tesla will increase its estimates and forecasts for the upcoming quarters.
Over time, the adoption of electric vehicles is rising around the world. Being the largest electric car manufacturing company in the world, Tesla is expecting a surge in its sales and stock prices.