Tesla successfully pushed vehicle output to record levels at its existing factories in California and China last year, despite the semiconductor shortage. The automaker plans to maintain rapid expansion of sales globally as it brings new electric vehicle plants online in Austin, Texas, and Berlin.
"In 2022, supply chain will continue to be the fundamental limiter of output across all factories," CEO Elon Musk said during the company's fourth-quarter earnings call last week. "Nonetheless, we do expect significant growth in 2022 over 2021, comfortably above 50 percent growth."
Tesla's deliveries rose 87 percent last year to 936,000 globally, the company said. Tesla does not break out U.S. sales, but Cox Automotive put deliveries at about 350,000, based on estimates. If accurate, that would put Tesla above luxury leader BMW for 2021.