The very strong demand for Model Y, a € 60,000 SUV, and Model 3 boosted Tesla’s sales beyond expectations in the third quarter. The Californian carmaker said it had delivered 241,300 electric vehicles during the period, compared to 139,593 vehicles in the same period last year.
The market estimated that deliveries would not exceed 230 thousand units (227 thousand). And this despite the increasingly intense competition, the chip shortage that afflicts the industry and that will make millions of cars less produced (7.7 according to AlixPartners, over 10 according to Auto Forecast Solutions), with global turnover lost over 200 billions of dollars. After all, the previous quarters had also recorded excellent numbers, also challenging the problems inherent in logistics, given that the Y and 3 that arrive in Europe are produced in the Chinese Gigafactory in Shanghai.
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At this point, the manufacturer led by CEO Elon Musk should easily reach its goal for the full year of increasing deliveries of more than 50% compared to last year’s total, almost half a million vehicles (499 thousand). The company has already delivered a total of around 627,000 vehicles to customers in the first nine months of 2021. The stated goals were 750,000 cars in the twelve months, with some analysts going over 800,000.
As for the individual models, in the third quarter of the year, deliveries included 232,025 units of Model 3 and Model Y and 9,275 units of Model S and Model X. The automaker’s business model usually leads to multiple deliveries in the end. of each quarter. In an internal call, Musk pointed out that production problems due to supply chain constraints led Tesla to delay deliveries and his service teams had to add parts to vehicles produced earlier in the quarter.
“We believe that in September alone Tesla delivered about 150,000 vehicles – commented Dan Ives of Wedbush – and it is a clear indicator of this green tide (the massive process of electrification of the car industry, ed) that is taking hold. for Musk & Co. across the board. While there are many competitors in the electric vehicle space, Tesla continues to dominate market share, as demonstrated once again this quarter as it battles chip shortages. In addition, Chinese demand is experiencing a rebound after facing headwinds in early 2021. We estimate that the damage from the chip crisis is around 40,000 fewer cars produced and that Tesla can store a minimum result of 865,000 cars delivered in the year. ‘year”.