"Never bet against Elon Musk", the euphoric fan base - DALTONHURD

“Never bet against Elon Musk”, the euphoric fan base

Tesla’s goal of pushing electric vehicles around the world is coming to fruition with the company’s steady growth in deliveries. As the EV maker expands production, the number of vehicles delivered is also expected to hit record highs in 2022.

Data acquired by Finbold indicates that Tesla’s 2021 deliveries stand at 936,172, an 87.4% growth from 2020’s figure of 499,550. In 2019, the company delivered 367,500 vehicles under different models.

Since the company started delivering electric vehicles in 2014, the highest annual growth was recorded between 2017 and 2018 at 137.8%, from 103,100 to 245,200.

In 2014, 2015 and 2016, Tesla’s vehicle deliveries were 32,000, 50,000 and 76,200 respectively.

Based on the company’s historical growth percentage between 2014 and 2021, Fibold estimates that in 2022, vehicle deliveries will top 1 million for the first time to 1,544,402, a growth of 64. 9% compared to last year’s figure. In addition, the target will be influenced by the activities of the new factories in Texas and Berlin.

The report highlights the importance of Tesla’s vehicle delivery numbers and their impact on the market. According to the research report:

“Overall, Tesla deliveries are one of the company’s most closely watched metrics. This metric typically underpins company financial results and highlights market demand for electric vehicles. »

Generally speaking, Tesla continues to increase annual vehicle deliveries, although the EV industry is facing global supply chain and logistics challenges related to the coronavirus pandemic.

However, the company is known for designing its chips in-house to address semiconductor shortages, an advantage it has over other competing automakers. At the same time, Tesla also reprogrammed software to use less rare chips.

A Fan-base that is euphoric

On social networks, mainly Twitter, all the brand’s fans salute the precision of the projections and the figures produced. The most common slogan that is shared by fans and investors of the first hour will soon be printed on event T-shirts to be ordered here:

Source : finbold

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