"Great work by Tesla team worldwide" Tesla's CEO Elon Musk's tweet for Q4 Sale 2021
42603-Jan-2022
Elon Musk’s car company Tesla has recorded the biggest sale of cars in this quarter. This quarterly it has beat the Wall Street expectation and sold out 300,000 total cars.
As it revealed that in the same time earlier year about 70 % of surge in the sale has been recorded and about 30% of the surge has been recorded on the comparison from previous quarter Q3.
Earlier it was facing a shortage of chips but, after resolving the chip shortage it also raised the production in China.
Highlighted Points
- Total 308,406 cars are sold by Tesla in this quarter, from October to December.
- Tesla also shipped the Chinese model cars to Europe and some Asian countries.
- Like other automakers, Tesla also designed its Chips in a house for self-dependent.=
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In the last 6 quarters, Tesla’s cars have been in the first place and placed the recorded in terms of record deliveries.
Earlier the analysts had forecasted a total sale of about 263,026. But the result has abrogated the speculation and recorded about 308, 600.
Tesla’s CEO Elon Musk also published a Tweet to congratulate all the employees and workers of the company said
“Great work by Tesla team worldwide!”
The electric model of cars in China and other parts of the world, although having the regulatory pressure in terms of product safe it ramped up its production and made the record.
Elon Musk, last year also made a statement regarding the indication of the production and sale by 50% but now this resulted in about 85 %.
Recently the Manager, Gene Munster of Venture Capital Firm on the matter said that “They have beaten all the odds,” said on Sunday.
e also added about Tesla’s performance “The first is the demand of their product is through the roof. And the second is they are doing a great job of meeting that demand”.
The company, recently in worldwide faced the shortage of Chips production and hence the thinking about the effect of shortage could be seen in the company’s performance but, instead of shortage of Chips, it has performed outstandingly.