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Tesla just fell short of delivering 500,000 electric cars in 2021
02.01.2021 [19:33],
Konstantin Khodakovsky

Tesla has announced that it has nearly met CEO Elon Musk’s goal of delivering 500,000 vehicles in 2021, delivering 499,550 vehicles to customers in a year, or 99.91% of the headline. However, everything is not so simple: the final result may differ by 0.5%, therefore, in the report, which will be presented at the end of January, the top may be taken.

In any case, this is a significant result for Tesla, especially given the serious impact of quarantine measures in the first half of the year. In January 2021, Tesla said it expects to significantly surpass the target of 500,000 vehicles worldwide by the end of the year. However, reality has made its own adjustments: due to the coronavirus, the company had to close its factories in China and in Fremont (California) for several weeks.

So proud of the Tesla team for achieving this major milestone! At the start of Tesla, I thought we had (optimistically) a 10% chance of surviving at all. https: // t.co / xCqTL5TGlE

– Elon Musk (@elonmusk) January 2, 2021

Elon Musk has argued for a year that Tesla can still achieve the goal, and the company has followed that path, including unveiling the Model Y SUV ahead of schedule in March. Tesla delivered 88,400 vehicles in Q1 and 90,650 in Q2. In October, the company announced that it delivered an additional 139,300 electric vehicles to customers (this is more than Wall Street’s expectations of 137,000 vehicles). Also, the third quarter became the fifth profitable in a row. All this led to the fact that the value of the company’s shares rose sharply and made it the most expensive automaker on the planet.

Tesla Nearly Reaches 500,000 Vehicle Production Target with Classic End-Quarter Leap. For example, even the company’s chief designer, Franz von Holzhausen, was spotted among the delivery vehicles. Mr. Musk himself last week urged Tesla workers to do everything possible to achieve the goal. “This is an important milestone on the road to building a company,” he wrote. – All critics who said just two years ago that we will never achieve this called our goal of half a million electric cars in 2021 „impracticable “. God damn we’re on our way to this!”.

Tesla said Saturday that it produced 179,757 and delivered 180,570 vehicles in the fourth quarter, bringing the total number of electric cars produced and delivered to customers in 2021 to 509,747 and 499,550, respectively.

The production of half a million electric cars in a year by just one company is a really important milestone in moving the automotive industry into a future without internal combustion engines. However, once Elon Musk even said that Tesla would be able to deliver 1 million cars in 2021, although then he had to abandon this figure when the company faced problems in ramping up production of its first mass-produced electric car Model 3.

“Very proud of the Tesla team for reaching this milestone! In the early days of Tesla, I thought that we (even with optimistic layouts) have a 10% chance of survival at all, ” Elon Musk admitted on Twitter on Saturday. Tesla was responsible for 2/3 of all personal and professional suffering in my life combined. But it was worth it “.