Tesla today reported record quarterly shipments that far exceeded analyst estimates. The world’s most valuable carmaker posted record deliveries for the sixth consecutive quarter.
In the fourth quarter, 308,600 EVs were shipped, well above the analysts’ consensus of 263,026 EVs.
In annual terms, deliveries were increased by about 70%, and compared to the previous quarter – by 30%.
Rapid expansion of production in China helped boost supplies. Tesla supplies Chinese-made cars to Europe and some Asian countries.
In 2021, a total of 936,172 electric vehicles were shipped, which is 87% more than was shipped in 2020.
Tesla shares are up 50% over the year.