The Tesla Model 3 managed to break into the 20 best-selling cars in Europe (28 European markets monitored by JATO Dynamics), where electric cars and plug-in hybrids accounted for as much as 19% of the entire market.
According to the data, 141,429 Tesla Model 3s were registered in Europe (64 % more than in the same period last year) (including a record 27,358 in December - the best result of the month). In 2020, Tesla sold only 85,713 Tesla 3 units. This year's result is enough for the 17th place among the best-selling cars in Europe. Tesla was also the leading car of the month twice (December and September).
No other electric car model even managed to crack the top 50, which would require more than 72,234 units sold.
Best BEVs:
(Battery electric vehicles, also called BEVs and more commonly called EVs, are fully electric vehicles with rechargeable batteries and no gasoline engine. All the energy to run the vehicle comes from the battery, which is charged from the grid):
- Tesla Model 3: 141,429 (up to 64 %)
- Renault ZOE: 71,614 (less for 28 %)
- Volkswagen ID.3: 69.206 (more 23 %)
- Volkswagen ID.4: 54.715 (new vehicle)
Tesla as a brand also saw a big increase in 2021 – 167,969 registrations (up 70.9 %), including 26,175 Tesla Model Y, 134 Tesla Model S and 230 Tesla Model X.
Tesla #21 was the most popular brand in Europe, not far behind MINI, ahead of Mazda, Jeep, Land Rover, Porsche and Mitsubishi. Not bad considering that Tesla sold only 29,300 cars in Europe in 2018. At the same time, the Tesla Model 3 ranked among the top 10 in 5 countries (in alphabetical order):
- Austria (10th place)
- Germany (10th place)
- Norway (1st place)
- Switzerland (1st place)
- UK (2nd place)
The successes don't end there. The Tesla Model 3 was No. 1 in its category - midsize car: Tesla Model 3: 141,429 units, BMW 3 Series: 116,250 units, Volkswagen Passat: 83,224 units
It is worth noting that the Volkswagen ID.4 was third in the medium-sized SUV category with 54,715 units. Which is a great result.
Tesla is flying, both in the stock market and in fiscal results
Tesla released its Q4 2021 earnings report a few days ago, and the numbers are impressive. Tesla turned a profit again, marking the 10th consecutive quarter that Tesla has reported a profit. And once again, Tesla beat expectations. Key financial details from the Q4 2021 report are as follows:
- $17.7 billion in revenue
- 2.54 $ earnings per share (non-GAAP)
“Cash and cash equivalents at the end of the quarter increased $1.5 billion sequentially to $17.6 billion in the fourth quarter, primarily due to free cash flow of $2.8 billion utilized and partially offset by net debt and finance lease repayments of $1.5 billion. Total debt excluding vehicle and energy financing fell to just $1.4 billion at the end of 2021.
Tesla previously announced that its 308,000 global deliveries of the Model Y, Model 3, Model S and Model X combined in the fourth quarter of 2021 were a record. This number easily beats the previous high of 241,300 set in the third quarter of 2021.
