Tesla reached to $1Trillion value in 2021 from delivering 1million Tesla cars

Tesla is an electric and clean vehicle company in Palo Alto, California, United States. Tesla produces electric cars that run on electric power, charged using solar panels and at charging stations. Tesla CEO Elon Musk is the man behind these Smart EV’s which are the upcoming future of cars.

Yesterday, Elon Musk Twitter’s account conveyed over 936,172 Tesla vehicles have been sold in the year 2021. An 87% increase (499,550) in delivery of Tesla EVs made in 2020. Tesla sold around 308,600 cars only in the last quarter of 2021, an increase from 241,300 sold cars in the third quarter. Out of them, Tesla delivered 11,750 of Model S and X, whereas 296,850 for the models 3 and Y.

Tesla stated it had planned to increase deliveries of Tesla cars to 50% every year. Gracefully 2021 made a record, sold nearly 1 million cars which are obviously close to reaching its 50% increase in deliveries of Tesla 2020.

Elon Musk noticed to his employees to stop rushing for making deliveries by the end of the quarter. Instead of focusing on cutting costs, as he expected a wave of deliveries from California and China customers in December 2020.

Tesla stated that chip shortage caused a number of car manufacturers to pump their brakes. Last year, Tesla reprogrammed its software in order to remove the fear of shortage and also shut down the production of cars at its California plant in February. Due to this factor, some customers reported USB ports were missing in their cars.

Tesla’s value reached $1trillion in October just after a rental car company Hertz added 100,000 Tesla to its fleet. Tesla earned most of its profit in the third quarter of 2021, but the earnings reports for December 2020 have not been released yet.

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