Tesla Closed 2021 With Record Sales
Burc Oran
January 3, 2022
Tesla closed 2021 with record sales

Electric car manufacturer Tesla completed the fourth quarter of 2021 with 308,600 and the year with a record 936,172 sales.

The company’s production and sales figures are expected to increase much faster, with the Berlin and Austin factories starting up in 2022. According to the statement made by Tesla, it reported that it delivered 936,172 cars in 2021 despite the computer chip shortage that has disrupted automobile production worldwide.

Tesla increased its sales despite the global shortage of computer chips that serve as the brains of various electronic devices, including motor controllers and touchscreens. The chip shortage forced many automakers to close factories for weeks, preventing them from producing as many vehicles as they had planned. Despite the difficulties in chip supply, the electric automotive giant, which increased its production, especially in the Chinese market, made a record delivery in the sixth quarter in a row.

How Tesla Solved the Chip Crisis

Tesla overcame the chip crisis by working directly with chip companies and strengthening the integration of parts with its design knowledge from scratch.

Last week, the US automotive giant reported implementing a recall for 200,000 vehicles in China due to a manufacturing defect.

Stay informed with market news by subscribing to our reading list.

FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.
The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

WARNING

Due to your regulatory authority, unfortunately, we cannot offer you our margin trading services.