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Today, Tesla (TSLA) released its delivery and production figures for the third quarter of 2021, confirming that it has yet set new records.
The automaker managed to deliver 241,300 electric vehicles in the last quarter.
Earlier this month, we reported that CEO Elon Musk told employees on a company-wide call that “‘this is the craziest month of deliveries for Tesla (TSLA) will never have “.
The CEO noted that production issues due to supply chain constraints led Tesla to delay deliveries and its service teams had to add parts to vehicles produced earlier in the quarter.
The automaker’s business model typically leads to more deliveries at the end of each quarter, but these production issues made the problem worse this quarter.
Just a few days ago, in the last week of the quarter, Musk said that “this will be Tesla’s most intense delivery week.”
During these end-of-quarter delivery waves, Tesla can sometimes deliver tens of thousands of vehicles, making or breaking the entire business quarter.
Tesla Q3 2021 delivery and production results
This quarter’s delivery wave appears to have been a success, as Tesla announced record deliveries of 241,300 electric cars in the third quarter of 2021.
This is a new record – beating the previous one of 201,250 deliveries made just the previous quarter (Q2 2021).
That’s actually significantly more than Tesla produced in the third quarter, although production also hit new records:
| Production | Deliveries | Subject to operating rental accounting | |
| Model S / X | 8 941 | 9,275 | 20% |
| Model 3 / Y | 228,882 | 232,025 | 6% |
| Total | 237,823 | 241,300 | 7% |
Tesla produced 237,823 vehicles compared to 206,421 vehicles in the previous quarter.
Expectations were high on Wall Street. An analyst poll showed industry watchers expected 222,700 vehicle deliveries from Tesla in the third quarter of 2021 on average.
Therefore, Tesla has far exceeded these expectations.
Finally, Tesla also shows a significant rise in the production of the Model S with nearly 9,000 units against only 2,340 units in the previous quarter when it had just started production of the new version of its electric sedan. Lighthouse.
Tesla is expected to add a new production of Model X to the mix during this quarter.
Between that and the new production of the Model Y at Gigafactory Texas and Berlin which is expected to come online by the end of the year, Tesla is expected to come out of 2021 with an annual production rate of over one million electric vehicles. .
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