As we enter the new year, it's clear that EV production in America is at the forefront of the game. According to the company's Q4 figures released Wednesday, the highest quarterly operating margin among all volume OEMs was achieved by the company.
99% of the electric vehicles produced in Q4 were Model Xs and Ys, and 936,000 of them were delivered to customers around the world. The company expanded its proprietary Supercharger network by a third, now totalling 3,476 stations. The company said it will likely be looking at new production facility locations throughout the year, but is not yet ready to share its list of candidate sites.
Musk said on the call that Full Self-Driving will become the most important source of profitability for the company.
The company will not be releasing new vehicle models in 2022, including the Cybertruck, and the rumored $250,000 car.
Despite the same issues impacting the rest of the automotive industry,Tesla was able to maintain its production capabilities better than almost any other automaker. Even after the Austin and Berlin plants come online later this year, the Fremont factory plans to increase its production by around 600,000 vehicles. Production in the plant is increasing. In the third and fourth quarters of the year, the per unit cost of producing the vehicles was reduced to around $36,000.
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