Powerful quarter for Tesla


Record-breaking: A 2021 model 3 sedan charges at a Tesla dealership in Colorado. The company delivered a record 936,000 vehicles the year before, up 87% from its 2020 delivery count. — AP

TEXAS: Tesla Inc delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the electric vehicle (EV) maker and setting a capstone on a year in which the company joined the exclusive US$1 trillion (RM4.17 trillion) market valuation club.

The better-than-expected results posted yesterday pushed Tesla’s total sales for the year to more than 936,000, up about 87% over 2020’s deliveries of just under a half-million vehicles. Thirteen analysts surveyed by Bloomberg on average had expected about 263,000 vehicles for the quarter, though some had revised their numbers upward in the final days of December.

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