(WBAP/KLIF) — Tesla says it delivered a record 936,000 vehicles last year, up 87% from its 2020 delivery count. The electric vehicle company announced its fourth-quarter production and delivery results, Sunday.
The Austin-based carmaker says it delivered 309,600 vehicles in the final quarter of 2021, which is also a record. Wedbush Securities analyst Daniel Ives says the numbers are “jaw-dropping” given the ongoing global chip shortage affecting the automotive industry.
He says the production increase was likely boosted by growing demand in China, as well as broader enthusiasm for electric vehicles.
Listen to WBAP/KLIF report:
(Copyright 2022 WBAP/KLIF Newsroom News. All rights reserved. Contains material from the Associated Press.)