Tesla's sales exceeded expectations, as it delivered 241,300 electric cars during the third quarter of 2021, after analysts expected 220,900 cars to be delivered during this period, according to Street Account estimates.
According to Arab Net, Tesla said in a report that the company produced 237,823 vehicles in the period ending September 30, 2021. Of that, 228,882 of its Model 3 and Y vehicles, which are classified as affordable mid-range cars.
The remaining quantity produced was 8,941 S and X models.
In the second quarter, Tesla delivered 201,250 cars and produced 206,421 cars, even as production of its Model S and X cars fell to less than 2,500.< /p>
Our number of deliveries should be viewed as a bit conservative, as we only count the vehicle as delivered if it is moved to Customer and all papers are correct, final numbers may differ by 0.5% or more.
Tesla plans to host its annual shareholder meeting at its plant, now under construction, near Austin on October 7. Musk previously threatened to move Tesla's headquarters from California in the spring of 2020 when COVID-19 health orders required Tesla to temporarily suspend operations of its factory in Vermont, California for a few weeks.
Tesla produces its electric cars at its Shanghai plant and US plant in Fremont, California, while continuing to produce batteries locally with Panasonic at its sprawling facilities outside Renault. , Nevada.
According to a survey conducted by Pew Research in June 2021, 39% of Americans said that the next time they buy a car, they are at least somewhat likely to They are seriously considering the use of electricity. About 7% of Americans said they had already purchased electric cars or hybrid electric cars.
For his part, writes senior research analyst at Piper Sandler, Alexander Potter, who has set a price target for Tesla's stock at $1,200: Battery electric cars are going downhill - because many of their peers haven't even started selling yet. However, we fully expect Tesla's overall market share to continue to rise, and stress that declining market share should not be taken as a bearish signal. "Tesla competes against cars of all kinds - not just against other electric cars."
