Technology

Tesla reports it delivered nearly 1 million cars in 2021, up 87 percent

(JOSH EDELSON/AFP via Getty Images)

Tesla reported on Sunday that it delivered more than 936,000 vehicles in 2021, including more than 308,000 vehicles in the fourth quarter alone, marking an 87 percent increase from the previous year. 

The fourth-quarter deliveries also represent a 71 percent increase from the same quarter in 2020, according to The New York Times

Tesla’s announcement comes as the automobile industry has struggled to produce millions of cars expected in 2021, largely due to a global shortage of computer chips.

But despite the disruption to auto production worldwide, Tesla exceeded predictions of Wall Street analysts in deliveries for both the fourth quarter and the full year. 

“The numbers are hard to poke holes in,” Daniel Ives, an Wedbush Securities analyst, said, per the Times. “While there are many competitors in the E.V. space, Tesla continues to dominate market share as evidenced again this quarter.”

Tesla, however, does not report its deliveries by country, and much of its recent growth occurred in Europe and China, the newspaper added.

The latest sign of the company’s success comes after it recalled nearly 500,000 U.S.-based vehicles due to safety concerns last week.

Specifically, the cars had issues with the rearview camera cable harness when the trunk opened and closed, and another model had problems with the front trunk latch.

Tags chip shortage Tesla Tesla sales
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