Share Price Breaks Through Quarterly Record as Tesla Premarket Delivery Surged 87%
Tesla Inc threw away all the predictions of fourth quarter sales in 2021 as the company delivered more than 308000 cars. It was an above average 87% delivery making it a $1 trillion top electric vehicle seller in the market.
As per a statement published by Tesla last week, the company has delivered more than 936000 electric vehicles in the year 2021 which is highest number of deliveries of electric-vehicles among all companies.
As a result from the beginning of the year, Tesla shares have become bullish with a spike growth of 6% which will definitely cause trouble for the other car manufacturers in the coming days and as per financial experts, it may collapse the overall vehicle market share very rapidly if they don’t take any serious measure.
Tesla just announced its 4Q delivery number which beat even the bull case whisper number on the Street. This was a “trophy case” quarter for Musk & Co. with massive momentum moving into 2022. 309k deliveries vs. the Street’s 266k and bull case whisper numbers in the 275k range.
— Daniel Ives (@DivesTech) January 2, 2022
As told by an auto market author, it is really surprising to see such a massive performance of Tesla when all the giant manufacturers are plagued with low shortage of chip due to the pandemic which caused trouble in the overall global supply-chain.
Now, people are waiting for Tesla’s next announcement to understand the probable future trend of the share price. The Tesla Chief congratulated the team for topping $1trillion capital gain the year 2021 and also included that they are now aiming even bigger achievement.