Tesla Stock Jumps After Reporting Record Vehicle Deliveries for 2021

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Tesla Stock Jumps After Reporting Record Vehicle Deliveries for 2021
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Tesla delivered 308,600 electric vehicles in the fourth quarter of 2021. For the full year, the company delivered 936,172 vehicles.

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Investors rallied around the stock, as deliveries are the closest approximation of sales reported by the company. Tesla will report earnings for last quarter in the coming weeks. Tesla CEO Elon Musk has said he wants to increase Tesla's vehicle sales volume to 20 million annually over the next nine years. As part of that effort, Tesla is set to start production of the Model Y crossover at its new factory in Austin, Texas, this year. It aims to open another factory in

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