Morgan Stanley analyst Adam Jonas recently issued an investment report saying that given the current growth trend, it is possible for Tesla’s production to reach 2 million vehicles in 2022, which means that Tesla’s growth rate will increase. Higher than the already high level of 2021, deliveries will more than double. Jonas said that Tesla could produce 2 million vehicles in 2022 for two main reasons.
The first reason is Tesla’s strong growth trend in the fourth quarter. In the fourth quarter, deliveries increased 71% to 308,600 vehicles, exceeding analyst expectations. Even if calculated on a quarter-on-quarter basis, Tesla’s growth was very strong. Compared with the 241,391 vehicles in the third quarter, Tesla increased by 28%. During the period when the auto industry is facing a severe parts supply shortage, such a growth rate is of far-reaching significance to Tesla’s growth trend.
The second reason is the new factory. After nearly a year of construction, Tesla’s factories in Austin and Berlin are about to start production. Jonas expects that once the two factories reach the expected production capacity, Tesla’s annual production will increase from slightly more than 1 million vehicles to nearly 3 million vehicles.