Selling 1.5 million vehicles this year？ Tesla’s share price soared by 13% and sold 930,000 vehicles last year.

In the year of "lack of core" in the global automobile industry, Tesla handed over an unexpected answer sheet.

On January 3, local time, Tesla US stocks closed at $1,199.78 per share, up 13.53%, with a total market value of $1.2 trillion. Previously, data released by Tesla showed that 930,000 vehicles were produced and 936,000 vehicles were delivered in 2021.

According to the delivery data of the fourth quarter and the whole year of 2021 disclosed by Tesla, in the fourth quarter, Tesla produced more than 305,000 vehicles and delivered 308,000 vehicles, which set a new quarterly delivery record for six consecutive quarters.

Previously, Wall Street expected Tesla to deliver around 900,000 vehicles in 2021.

Tesla’s annual production and sales data in 2021

Tesla said that the delivery statistics are slightly conservative, because Tesla only counts the vehicles in the delivery statistics after they have been delivered to the customers and all relevant documents have been completed. The final delivery figures may vary by 0.5% or more.

At the same time, Tesla said that the delivery volume is only an indicator to measure the company’s financial performance, and it should not be used as an indicator of quarterly financial performance. The quarterly financial performance depends on many factors, including sales costs, foreign exchange flows and the proportion of direct rental cars.

The Wall Street Journal said that Musk once said that Tesla relied on internal software engineering expertise to maintain the operation of the production line last year and quickly rewritten the software needed to integrate replacement chips into its vehicles. Tesla also benefits from the visibility of the supply chain and supplier relationships, and the company’s vertical integration is higher than many other automakers.

Shanghai factory may contribute half of its production capacity

Among the 936,000 cars delivered by Tesla throughout the year, Shanghai Super Factory may contribute about half of the production capacity.

According to the data released by Tesla, the production capacity of Tesla Giga Shanghai has exceeded 450,000 vehicles, and it can produce more than 1,600 Model Y bodies and more than 2,000 Model 3 bodies every day.

According to the latest data of the Federation, from September to November, 2021, Tesla China has exceeded 50,000 monthly sales for three consecutive months. In the first eleven months of 2021, the delivery volume of Tesla Giga Shanghai exceeded 400,000, reaching 413,300.

At present, the sales data of Tesla in China market in December 2021 has not been released. If the monthly delivery volume of 50,000 vehicles is still calculated, the Shanghai Super Factory will contribute half of the annual production capacity.

At the same time, Tesla Giga Shanghai is still expanding production.

On November 26, 2021, the environmental information disclosure platform of Shanghai enterprises and institutions showed that Tesla publicized the "Shanghai Super Factory Project (Phase I) Phase II Production Line Optimization Project". The publicity showed that Tesla would increase production capacity by increasing working hours, increasing the number of employees and increasing the frequency of material turnover. After the optimization and expansion of the production line is completed, 4,000 employees will be added to the production area, and the total number of employees in Shanghai Super Factory will reach 19,000.

The production capacity will reach 1.5 million vehicles in 2022?

Previously, Musk had said that Tesla was confident that it could maintain a delivery growth rate of more than 50%. It is expected that the annual delivery of 20 million vehicles will be realized in 2030.

In the third quarter earnings conference call in 2021, Tesla CFO Zach Kirkhorn once said that Tesla can already reach the production capacity of 1 million cars per year.

According to Tesla’s financial report, the planned annual production capacity of fremont Super Factory is 500,000 vehicles. For the production capacity of Berlin Super Factory and Texas Super Factory, Tesla had expected that it would initially realize the production capacity of 5,000 vehicles per week and gradually expand the production capacity to 10,000 vehicles per week.

The research institute New Street Research predicts that the delivery volume of the Shanghai factory in the first half of 2022 will be about 185,000 vehicles per quarter, and it will gradually increase; The production capacity of Berlin Super Factory is expected to reach 70,000 vehicles/quarter by the fourth quarter of 2022; The super factory in Texas will be put into production in March 2022, which will reach a similar capacity level as the super factory in Berlin. According to the analysis of New Street Research, the commissioning of the Berlin and Texas plants means that Tesla will have a production capacity of 1.5 million vehicles in 2022, and will maintain its buy rating and target price of $1,580.

Tesla CEO elon musk said at the Weibo on the 3 rd, "The global Tesla team is doing very well!"

As Tesla’s share price rose, Musk’s value rose again. According to Forbes’ estimation, Musk’s personal wealth is about $304.2 billion, returning to the threshold of $300 billion. It is $103.6 billion higher than bernard arnault, CEO of LVMH Group.

According to foreign media reports, Tesla will announce its fourth-quarter financial report later this month. By then, if the company reaches specific operational and valuation targets, Musk will get millions of stock options, which may increase his wealth by billions of dollars again.