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Tesla: The first quarter of 2021 was a success for its vehicles

According to Tesla's announcement of vehicle production and delivery numbers for the first quarter of 2021, a total of 184.800 vehicles were delivered and 180.338 cars were produced.

Tesla vehicles

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Analysts expected Tesla to deliver approximately 168.000 vehicles during this period, according to FactSet estimates. Estimates ranged from 145.000 to 188.000 deliveries.

All of the electric vehicles he produced were Model 3 sedan and crossover SUV Model Y models, although he also delivered 2.020 Model S sedans and Model X SUVs.

Tesla operations during the quarter ended March 31, 2021, were affected by a fire at its plant in Fremont, California, temporary closures, which the CEO Elon Musk attributed to spare parts shortages, a wider chip shortage and the ongoing pandemic.

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At the same time a year ago, and while his pandemic Covid-19 was spreading around the world, Tesla reported producing 102.672 and delivering 88.400 vehicles. Production of the crossover SUV Model Y began on a larger scale in January last year, with deliveries starting in March 2020.

Tesla vehicles

At that time, Model 3 and Model Y deliveries accounted for about 86% of total deliveries. The addition of the Model Y to production at the Shanghai plant, the first plant to be built outside of California, helped Tesla increase its sales by about 36% in 2020 compared to 2019.

See also: Toyota will launch three electric vehicles in the US this year

At an annual shareholders' meeting in 2020, CEO Elon Musk told shareholders he expects deliveries to reach between 477.750 and 514.500 cars a year. Tesla reached the average range of this range, delivering 499.550 cars for the year, the best sales volume the company has had to date.

Musk declined to give further details on the 2021 deliveries, but said that it will offer more clarity during the second quarter.

Fans and critics of the company will watch to see if the new battery-powered electric vehicles on the market begin to undermine Tesla's lead in the category, at a time when start-ups and major automakers are showing more EV models than never.

Absent Mia
Absent Miahttps://www.secnews.gr
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