Thursday, October 28, 2021
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Tesla set new record for vehicles delivered in one quarter despite global component shortages

In Word: Tesla in the third quarter of 2021 delivered a record 241,300 vehicles, an impressive number in itself and even more impressive considering that other automakers are experiencing declining sales due to continued component shortages.

Tesla delivered 232,025 Model 3 and Model Y units combined, plus 9,275 Model S and Model X vehicles. The company only counts a vehicle as delivered if it is transferred to the customer and all paperwork is correct.

Tesla shares made the news briefly and briefly passed the $ 800 mark, but they are cooling a bit as the day progresses.

The second quarter of 2021 was Tesla’s best previous quarter, one in which the electric vehicle maker delivered 201,250 vehicles. For comparison, the company delivered 367,500 vehicles throughout 2019. GM last Friday it said it sold 446,997 vehicles in the United States in the third quarter, 33 percent less than in the same period last year.

Few companies seem immune to the current shortage of components. What started as a chip shortage fueled by the ongoing Covid-19 pandemic has turned into a much larger component shortage that is affecting a wide range of industries. Addressing labor shortages, a trade war with China, energy use restrictions and recent changes from the U.S. Postal Service, and it’s shaping up to be a very tumultuous Christmas season.

Despite record deliveries, Tesla is also working through global supply chain and logistics challenges. Three of the company’s most anticipated vehicles: the second-generation Roadster, the Cybertruck and its semi electric – everyone faces delays.



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