Tesla expects 50% increase in vehicle deliveries this year

Tesla predicts that vehicle deliveries will comfortably grow by more than 50% year-on-year in 2022, despite issues still with the supply chain, which Tesla expects will only be mitigated next year.

The optimistic outlook from Tesla chief Elon Musk followed record revenue disclosure for the previous quarter, surpassing Wall Street’s expectations.

However, careful wording about the difficulties with the supply chain has shown that even Tesla cannot avoid the shortages that several major automakers made difficult last year.

Tesla, which produced a few cars at its plants in Berlin and Texas last year, announced that increasing production for these units will depend on both the trajectory of supply chain problems and the successful introduction of new technologies.

Tesla vehicle deliveries

Musk said Tesla will not unveil new models this year but will promote the Cybertruck, Semi and Roadster models next year.

Revenue rose to $17.72 billion in the fourth quarter of 2021, surpassing analysts’ estimates of $16.57 billion in revenue (IBES/Refinitiv).

Tesla fared better than most automakers in managing supply chain issues, using less-lacking microcircuits and quickly changing software. The company in the last quarter of 2021 delivered to its customers a record number of vehicles despite supply chain problems.

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