In the third quarter of 2021, Tesla announced that it sold 244,300 electric vehicles, an increase of 102,000 compared to the previous year. This is slightly more than half of the 466,697 units GM sold in the last three months, but it may come as a surprise when you consider that GM’s sales are down 33% year-on-year.
Automakers are in a situation where they have no choice but to cut production because the supply of related parts is blocked as the impact of the semiconductor shortage continues. On the other hand, Tesla is succeeding in increasing production and sales, although the impact on semiconductor processing capacity and performance issues, future update support, etc. .
Tesla recently started selling the Model Y in Europe, and sales growth in China is also expected. Therefore, if semiconductor parts with different specifications so far can provide desired functions and performance without any problems, there will still be room to increase sales.
However, Tesla is not without problems blocking the road ahead. Tesla is currently under investigation by the National Transportation Safety Board (NTSB) on autopilot and FSD options, and China is recalling 300,000 vehicles two months ago. In addition, the new Tesla Roadster and Cybertruck were announced two years ago, and the electric truck head, Tesla Semi, was announced four years ago in 2017, but both have been delayed in development and are not yet profitable. According to information so far, the Roadster is expected to launch in 2023 and the Cybertruck and Tesla Semi in 2022. Related information can be found here.