According to the most recent report, Tesla set a new record by delivering 308,600 and producing 305,840 electric cars in Q4 of 2021.
To be more precise, Tesla managed to deliver a total of 936,172 vehicles in 2021 (24,964 Model S/X and 911,208 Model 3/Y vehicles), which is 87% more than it did in the same period in 2020.
This surprised even the Wall Street analysts who predicted that Tesla would deliver merely 267,000 vehicles in the Q4 of 2021, i.e., a total of 897,000 cars in 2021.
Still, Elon Musk didn’t stop here. Namely, the famous billionaire plans on reaching 20 million annual sales within the next nine years.
With that in mind, in 2022, Tesla will start with its production on the Model Y crossover in its new factory in Austin, TX, after which Musk plans to open a factory in Brandenburg, Germany.
Tesla was also expected to start with its Cybertruck production this year (truck with sports car performance); however, its production will be delayed until 2023.
Although Tesla pretty much dominates the EV sales both in the US and globally, Elon Musk’s company will soon start losing its overall market share due to many competitors that started producing their own electric car models.
On that note, Toyota plans to invest a whopping $35 billion to create 30 battery-electric vehicles that should be out by 2030. Likewise, both Rivian and Ford began delivering their battery-electric pick-ups and SUVs.
In fact, experts believe that by 2030, 24% of new vehicles will be fully electric.