FILE - A 2021 Model 3 sedan charges astatine a Tesla dealership successful Littleton, Colo., connected June 27, 2021. On Sunday, Jan. 2, 2022, Tesla said the institution delivered a grounds 936,000 vehicles the twelvemonth before, up 87% from its 2020 transportation count. (AP Photo/David Zalubowski, File) (David Zalubowski, Copyright 2021 The Associated Press. All rights reserved.)

AUSTIN, Texas – Tesla delivered a grounds 936,000 vehicles past year, up 87% from its 2020 transportation count, the institution said.

The Austin, Texas-based electrical conveyance institution announced its fourth-quarter accumulation and transportation results connected Sunday. The carmaker said it delivered 308,600 vehicles successful the last 4th of 2021, which is besides a grounds for the institution and thousands much cars than Wall Street analysts expected.

Wedbush Securities expert Daniel Ives says the numbers are “jaw-dropping” fixed the ongoing planetary spot shortage affecting the automotive industry. Ives says the accumulation summation was apt boosted by increasing request from car buyers successful China, arsenic good arsenic broader enthusiasm for electrical vehicles.

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