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Tesla sets profit records

22 de October de 2021
in Car
Tesla sets profit records
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The Californian electric car maker has never made as much money as in the third quarter of 2021. The crisis, what crisis?

What insolence! While many manufacturers are trying their best to weather a storm lasting several months, mixing pandemic and shortages of all kinds, Tesla displays an almost outrageous financial health in view of the context.

The firm specializing in electric cars beats its record profit for the third consecutive quarter. According to le Wall Street Journal, these rise to 1.6 billion dollars (approximately 1.5 billion euros) over the last three months (July August September). And this despite a notable drop in the average selling price of its models.

In reality not very concrete for many of us, these figures are in fact the result of a much more telling progression: 73%, this is the increase in Tesla deliveries compared to the same period in 2020.

Sometimes mocked in the past for its erratic production rate, the American company now silences slanderers thanks to at its Chinese factory in particular, the largest in terms of assembly volumes. And dealerships shouldn’t run out of stock as chains from two new locations, in Austin, Texas, and around Berlin, Germany, should come alive from the end of this year before reaching cruising speed in 2022.

According to analysts, Tesla would manage to make itself less dependent on the semiconductor shortage by relying less on subcontractors than its main competitors. According to their predictions, the company led by Elon Musk would thus be able to further increase the pace to 266,000 cars delivered in the last quarter of 2021 to accumulate nearly 900,000 over the year. A phenomenal jump against the less than 500,000 last year.

A few stones remain in the Californian ogre’s shoe. Its Cybertruck pickup, whose production has been postponed for a year to probably start at the end of 2022. And its Semi heavyweight, originally expected for 2019, but which should not reach the marketing stage before 2023.

More Tesla on auto-moto.com:

“Bad drivers” are punished on the price of their Tesla insurance

A Tesla Model S with a surprise active spoiler on the Nürburgring

Tesla Model Y test Long range: our opinion behind the wheel of the electric SUV

ADVERTISEMENT

The Californian electric car maker has never made as much money as in the third quarter of 2021. The crisis, what crisis?

What insolence! While many manufacturers are trying their best to weather a storm lasting several months, mixing pandemic and shortages of all kinds, Tesla displays an almost outrageous financial health in view of the context.

The firm specializing in electric cars beats its record profit for the third consecutive quarter. According to le Wall Street Journal, these rise to 1.6 billion dollars (approximately 1.5 billion euros) over the last three months (July August September). And this despite a notable drop in the average selling price of its models.

In reality not very concrete for many of us, these figures are in fact the result of a much more telling progression: 73%, this is the increase in Tesla deliveries compared to the same period in 2020.

Sometimes mocked in the past for its erratic production rate, the American company now silences slanderers thanks to at its Chinese factory in particular, the largest in terms of assembly volumes. And dealerships shouldn’t run out of stock as chains from two new locations, in Austin, Texas, and around Berlin, Germany, should come alive from the end of this year before reaching cruising speed in 2022.

According to analysts, Tesla would manage to make itself less dependent on the semiconductor shortage by relying less on subcontractors than its main competitors. According to their predictions, the company led by Elon Musk would thus be able to further increase the pace to 266,000 cars delivered in the last quarter of 2021 to accumulate nearly 900,000 over the year. A phenomenal jump against the less than 500,000 last year.

A few stones remain in the Californian ogre’s shoe. Its Cybertruck pickup, whose production has been postponed for a year to probably start at the end of 2022. And its Semi heavyweight, originally expected for 2019, but which should not reach the marketing stage before 2023.

More Tesla on auto-moto.com:

“Bad drivers” are punished on the price of their Tesla insurance

A Tesla Model S with a surprise active spoiler on the Nürburgring

Tesla Model Y test Long range: our opinion behind the wheel of the electric SUV

Tags: profitrecordssetsTesla
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