Tesla Deliveries Crushed Expectations. The Stock Should Move Higher.

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Updated Jan. 2, 2022 11:44 americium ET / Original Jan. 2, 2022 11:39 americium ET

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People look astatine a Tesla Model Y car astatine a Tesla showroom successful Beijing connected January 5, 2021.

WANG ZHAO/AFP/Getty Images

Electric conveyance person Tesla delivered a whopping 308,600 vehicles successful the 4th fourth of 2021. That’s a grounds effect and should beryllium capable to support the banal moving aboriginal successful 2022.

Fourth 4th deliveries grew 71% compared with the 4th fourth of 2020. For the afloat year, deliveries came successful astatine astir 936,000, up astir 87% compared with the astir 500,000 units delivered successful 2020.

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