Tesla defies chip shortages by achieving record sales in Q3 2021

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Tesla has announced their Q3 2021 shipment numbers, and despite a car industry crippled by chip shortages the company has achieved a record quarter, not just year on year, but all time.

Tesla managed to sell 241,300 EVs, 102,000 more than the same quarter last year, and also a quarterly record for the company. The number beat analyst expectations of ย 220,900 vehicles.

This is in the face of chip shortages which saw companies like GM see sales drops of 33%, with that company only selling 446,997 vehicles over the same period.

Tesla, which styles itself as a software company, managed this by sourcing different chips and rewriting their software stack to support this.

Telsa has seen strong sales growth in China, and have also started Model Y shipments in Europe. 228,882 of the vehicles sold were Model 3 and Y vehicles, while 8,941 were Model S and X cars.

“Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more,” the company said in a statement.

With new factories about to come online in Berlin and possibly Texas, the company may have a chance at reaching its million shipments for 2021 after all.

via the Verge

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